Think-About-It

Comment Stream

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • James Grant Wants to Know: Who Will Buy Our Greenbacks?
    "For all of the elegance and simplicity inherent in a hard currency, it is also a straight jacket. There is much to be said for the modern method. If the people who we choose to administer that system showed more wisdom..."

    Tom, you are dreaming. Wake up!! Human nature is what it is, not what you wish it to be. Therefore, the best system is the one that works best when people blunder and the human element is minimized. There is only one system that does this and has stood the test of time -- a hard (usually Gold) currency system. End of story.
    Dec 22 13:57 pm |Rating: +2 -2 |Link to Comment |View article
  • Goldman Sachs: Perils in the Fine Print
    Rakesh,
    Thank you for your thoughtful overview of GS. Now I will have to do some digging.

    Do you think there a better short candidate in the financial space?
    Dec 17 11:35 am |Rating: 0 0 |Link to Comment |View article
  • Fast Money Investment Advice: Turn the Volume Down
    I like your short piece and would offer an adendum; turn CNBC's FastMoney off. Just more noise.
    Dec 10 00:02 am |Rating: 0 0 |Link to Comment |View article
  • The Double Case for Shorting Middle East ETFs
    Is there an inverse (bear mareket) ETF for this?
    Dec 02 01:57 am |Rating: 0 0 |Link to Comment |View article
  • Citigroup Report Further Fuels Debate About the Future of Gold
    "Socialism cannot Compete"... very true. Therefore a good long-term investment must be shorting U.S. equities because we are rapidly becoming France.

    There are three long-term inevitables (not two): Dealth, Taxes & Inflation.
    Dec 01 23:51 pm |Rating: +1 0 |Link to Comment |View article
  • Service-Based Economy Is Progress? Show Me the Money
    !RulesNoRules
    "The free market is always right. Capital and investment flow to where the market is the most free. Oddly, that is China and India... "

    I urge readers to reread this guys comment because his conclusions are spot on. The article starts off fine but the author's conclusions are off base. Today's glaring failures of the U.S. are the tipping point from getting off the "free-markets&quo... path decades ago. We have been gradually adopting socialist principles as we keep moving closer to the French economic model at an accelerating rate. At this critical time we should go back to adopting a Hong Kong economic model but that is as likely as snow in South Africa.

    And you can be damn sure that future history books will teach us the wrong lessons (that this is a failure due to greed, capitalism run amok and lack of regulatory oversight).

    Ludwig Von Mises... we need you more than ever!
    Nov 26 21:10 pm |Rating: 0 0 |Link to Comment |View article
  • The Downfall of Keynesian Economics and the U.S. (Part 3 of 3)
    <The last remaining bubbles of American finance - Treasuries and the US Dollar - will burst and like all burst bubbles,it will be a mess.>

    You hit the nail on the head. Short the USD by buying Gold (and at a later date other commodities) and short long-term treasuries by buying TBT.

    Nov 22 01:34 am |Rating: 0 0 |Link to Comment |View article
  • The Professor Of Commodities: Interview with James Doran (Part II)
    the professor is good at saying nothing.
    Oct 02 14:48 pm |Rating: 0 0 |Link to Comment |View article
  • Where Do Investors Go from Here?
    Joe, how long can the dollar hold up?
    Oct 02 12:36 pm |Rating: 0 0 |Link to Comment |View article
  • The Amazing Dollar - Gold Correlation
    convertable at what rate?
    Oct 01 17:34 pm |Rating: 0 0 |Link to Comment |View article
  • The Short Case on KBH Homes
    I like your thoughts here but profitability is one thing and cash flow is quite another. What do your think of their cash from operations. I looked at past three years and past 4 quarters and they have managed to generate positive cash from operations. When shorting I perfer the accounting loss (which investors give a bit too much weight to) to be smaller than their net cash outflow from operations.

    Regarding valuation, how does KBH compare to it's peers?

    If you short it and plan to hold if for a year or so you need to take $1 or about 5% off the short price because of their dividend.

    I agree that housing has more to fall (I think another 20%) and won't recover quickly either so I'm eager to find a great short in this space. Thanks for the post.

    FYI, I'm short OWW. You may want to look at it.
    Sep 30 17:24 pm |Rating: 0 0 |Link to Comment |View article
  • Chinese Market Annihilated - Cramer's Lightning Round (9/24/08)
    Cramer's problem is that he is a stock picker during a paradigm change. We are in the very early stages of a long-term bear market for U.S. equities (combined with rising commodities, Asian market & falling dollar) so he is fighting an up hill battle to put it mildly.

    Sep 27 18:13 pm |Rating: 0 0 |Link to Comment |View article
  • We've Crossed the Line from Capitalism to Socialism
    Has anyone asked themselves why the problem is so widespread? Think about it. How could so many independent financial institutions opperating in different regions with different missions and different business models all make the same basic mistake of over-investing in residential real estate products (mortgages etc.)?

    The answer can not be the often touted "greed" because there is always a certain level of greed (and also generousity) that is more or less constant in people. Were people less greedy 10 years ago, more greedy over the past 5 years and now less greedy? Impossible.

    I think Peter Shiff found the answer. Ever since the dot com bubble burst and the events of 9/11 the Fed has relentlessly expanded the money supply at an accelerated pace while lowering interest rates. Both had the desired affect of inflating asset prices for all dollar denominated real assets including housing prices in general.

    Now here's the key. After watching housing steadily rise at a qick clip over a number of years market observers and participants RATIONALLY viewed this growth as occuring for fundamental reasons (must be strong demand for homes for it to occur across so many regions and over so many years). So they baked the recent elevated growth rates of real estate into their forecasts not realizing that the driving force behind escallating prices was non-fundamental -- inflation was sending false signals to RATIONAL market participants.

    You know the rest of the story.

    Perhaps the best way to generate a real return is to assume that we will see more of the same -- inflation and falling dollar -- and invest accordingly.
    Sep 22 00:56 am |Rating: 0 0 |Link to Comment |View article
  • Massive Opportunity to Short the Dollar
    Chris B makes the best point for U.S. citizens. Shorting the Dollar long-term is insurance, period.
    Sep 13 01:05 am |Rating: 0 0 |Link to Comment |View article
  • The Next Commodities Boom: Around the Corner?
    Does anyone have a favorite/strong currency other than the Renminbi to short the Dollar against? I think the Dollar will fall a lot more over the next 5 years but not sure which currency to pair it against.

    Disclosure: long CYB
    Sep 12 16:11 pm |Rating: 0 0 |Link to Comment |View article

Think-About-It's Comments Stream Stats

  • 95 Comments, 4 , 2
  • Total Comment Stream rating - = 2