What is “smart money”? Smart money is an age old question that many people hear but don’t necessarily understand. Some people believe smart money is someone with a long term horizon who looks for stellar blue chip or branded companies such as Warren Buffet buying Coca Cola. That type of smart money is long term [...]
Entries Tagged as 'General Market'
Smart Money
January 19th, 2010 · No Comments
Tags: Deal Commentary · General Market · Hedge Funds · Macro Economic
Extend and Pretend
December 17th, 2009 · 1 Comment
That is the current mantra for banks as it portends to their portfolio of commercial paper. The banks cannot afford to have the level of delinquencies on their commercial paper turn into a massive capital call and thus stay in the TARP money conundrum. In speaking with some very high level management at major banks [...]
Tags: Economy · General Market · Political
I AM OUT!!
October 30th, 2009 · 4 Comments
That says it all. I am out of the equity markets, no more stock, index funds or exposure to US companies. At some point a line must be drawn and there has been a tremendous bear market rally giving many the peace of mind that finally the economic landscape is recovering. Now, I may be [...]
Tags: General Market
Ductus Exemplo
July 1st, 2009 · No Comments
The title, “Ductus Exemplo,” means lead by example which is always a noble effort. Sometimes it can be hard and feel uncomfortable but you truly don’t know yourself until you test your body, mind and spirit. Now before everyone starts thinking that I have been tipping back the wine, getting all philosophical and introspective, I [...]
Tags: General Market
Memorial Weekend Rant - More & More
May 24th, 2009 · No Comments
Gordon Brown, the currently embattled Prime minister of the UK, has just been dealt another crushing blow that has very serious and profound consequences. Because of the UK’s current economic plight, mainly stemming from banking bailout, his country’s AAA debt has been downgraded by S&P from a stable to a negative outlook. This is a [...]
Tags: General Market
White Elephant
May 5th, 2009 · 1 Comment
Yes, an odd name for an article but one that has true meaning in this particular case. The following piece came out about a week ago and it distills down the essence of the “white elephant.” First of all, what is a white elephant? Well, in the deal business and in “Wall Street speak,” it [...]
Tags: General Market
The Treatment Could Kill You
April 18th, 2009 · No Comments
In uncertain and scary times I like to use analogies so that a larger groups of people understand the gravity of the situation. Plus it also helps me distill down the essence of what is happening into relatable nuggets. Here is my latest and greatest.
George Washington, our founding president, of the United States died in [...]
Tags: General Market
Common Sense = More Efficiency
March 31st, 2009 · No Comments
The sweeping changes and oversight recently proposed by the administration is the newest lightening rod of contention in the marketplace. In the “hindsight always being 20/20 department” this is more of the same from government, regardless of political party. Everyone is a genius after the cards have been played. What am I specifically referring to? [...]
Tags: General Market
Rundown & Rant: Weekly News Brief
March 22nd, 2009 · 1 Comment
So much news and so little time. I don’t believe there has ever been a time in history when so much news is being created by so many people on a global level. In fact, there are so many newsworthy events happening on a daily basis that it truly overwhelming. Lately it seems like it [...]
Tags: General Market
The Scariest Statistic on the Web
March 18th, 2009 · No Comments
Ladies and gentleman what you are about to see is, to date, the most frightening piece of information put on the web about what the US economy and more importantly, what the US people are in store for. This was a piece done by Glen Beck on what is going on with the money supply which [...]
Tags: General Market