Search results

You need not worry about being sued for libel with the above post.

Thanks Kiwi. This is the kind of stuff I come to ET for these days.

Ok fair enough, I should have specified "illiquid" defined as no two way i.e bid and offer buying and selling.

There is a fool in every game, and if you don't know who it is then it is you. If you get filled on the bid in options or OTC stocks you are the fool.

Couldn't agree more. Far too many Russian and other tossers who think they own the place. What's that? Oh I see. Been gone a while so I didn't know they did.

"The balance of the Fund’s assets, which should consist mostly of illiquid investments," Investments in unlisted miners or "mark to make believe" assets used I suspect by many funds to boost returns and provide the nice smooth monthly returns that attract pension money? I think the...

edit "The losses were primarily caused by a substantial sell-off in a number of our energy, mining and resource equity holdings" Ospraie typically had exposure to commodities as much through a lot of holdings in listed commodities producers as it did in derivatives - as do many commodity...

What's happening with hedge funds now reminds me of daytraders going back to corporate jobs in 2000. Anderson was a LT commodities professional though, rather than some twat who worked on an IB desk and thought he could really trade. Expect to see hordes of the latter having the towel thrown...

Should be: they're

Coz their buying somebody's propaganda.

Related point: As a reformed tweaker I now stick with standard out of the box settings in XP e.g MTU, because that is what most programs eg TWS 'expect' or are optimised for.

True, I have been offered as much as $500k without asking for it, probably because I was not asking for it. There is a lot of money looking for somewhere to go and 15% a year with someone else doing the sweating is a dream for a HNWI who spent 20 years building a business to generate 15% RoE...

Another reason for having multiple monitors is reducing tunnel carpel syndrome from constantly clicking the mouse to flip between windows.............................................

Schwager should move some interviews from 'Market Wizards' to a new publication called 'Vending Wizards'.

This is what puts me off nvidia, there seems to be absolutely NO WAY you can communicate with a human being from their website. Interested in others experience of their tech support. Sorry, no solution

Agree, if you know what you are doing there has to be mispricing in the better securities, but maybe mispricing in the worse ones also. My guess is that distressed investors are already on the case and know which ones to bid for - just a matter of the bid being accepted. Has to be some kind...

Bad for Spanish banks and their borrowers [property companies].

Don't forget lobbying power of entities/holders in determining order of preference in terms of the solution.

They can be prevented from failing in a scenario where equity is written down to $0.01*. *entire market cap, not per share.

Good points from NioRio1. Buffet is a businessman who happens to invest in listed companies. Like other businessmen of this type he invests in what he knows (compare wth mutual fund port of 100 stocks) and finds good managers to run them so that he is free to look for other investments. There...