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Did the BOJ just go SNB? Looks like it's setting an explicit inflation target. http://online.wsj.com/article/SB10001424052970204883304577222063451464968.html

Good point. I think the ECB will surpass even the Fed and other CBs this year. I'd rather borrow euros to buy WMT or BP or XOM. Not bearish on gold, just don't really get it.

"Eight different monetary policies." http://online.wsj.com/article/SB10001424052970204883304577221301377525014.html?mod=rss_world_markets Euro shorts are going to get burned from time to time on reflexive risk rallies, but currency devaluation is ECB policy. Gotta use those rallies to add...

Remember, it's hard to get massive returns managing as much money as these guys do. Jones has said if you returned him to managing $1M, he would expect to double it in a year.

Cardiff Garcia (from the FT) on Bacon: "Lessons for hedgies from this article: Hire a few idiots and use their thoughts as contrary indicators.":D

Great profile of Louis Bacon ... instead of arguing with one of his traders when he disagrees, he goes back to his office and places an opposing trade.:D http://finance.fortune.cnn.com/2012/02/13/louis-bacon-moore-capital/

Oh for the days when the Fed never said anything in public and stuck to mismanaging interest rates. Now they're experts on being a landlord.:confused:

I'm touched by how closely you've been following (and also, apparently by Paul Tudor Jones, aka dhpar). :) Whatever is on in my life right now - new computer, yoga classes, a perfect mix of follows on my twitter stream, the banter on this site (including perfectly inane discussions with you...

Greece is as good as out of the eurozone at this point. The only question now is timing and how to play it.

If Ben hiked Fed Funds to 3%, oil would be $60/barrel within months.

I imagine Whit Tilson is prepping a Fast Money appearance soon to announce a stake in Diamond Foods. http://www.reuters.com/article/2012/02/09/us-diamondfoods-shares-idUSTRE81817T20120209 Yikes.

Selling euros ... this is one of those "sell the news" moments, I believe. Martin must be getting to me, I'm not selling AUD because I don't want to pay the carry on the trade!

Alcoa reviewing the viability of its Port Henry smelter. http://www.skynews.com.au/topstories/article.aspx?id=716456&vId= Powerful aussie is killing manufacturing there.

Poor Greece. http://www.zerohedge.com/news/summary-greek-reform-pledges For the love of god, just institute a bank holiday, reintroduce the drachma, go through 6 months of hell, and be done with it already.

Can't help myself, buying more NLY on the 2.6% drop following earnings. It certainly makes sense for a stock to sell off because the management is doing its job so well.:confused:

I said have performed similarly, not the same, i.e. they have all gone up rather smartly. Still curious as to why you brought the 1-year performance up. And yes, you are correct. If I had just put 150% of my assets in Apple in 2003 (like you, I assume), I'd be a lot richer.

Larry Fink goes David Tepper ... http://youtu.be/NkGoH8pGoIg

https://twitter.com/#!/DougKass/status/166978147466756097 :D :p

A pointless post. I haven't owned them for a year, so going back that far is irrelevant. I'm sure I didn't own dozens of stocks that were up 33% or far more last year. Are you lying in bed awake at night, unable to sleep because you didn't own CMG last year (+50%)? I'm wildly pleased with...

A bureaucrat such as Jordan ought to know that currency trading begins as the sun comes up in New Zealand - 2 hours before things get underway in Sydney.:)