Showing posts with label sec. Show all posts
Showing posts with label sec. Show all posts

Friday, September 19, 2008

Welcome Back Larry

Short sellers are good. Stop trying to regulate them out of the market. Short sellers are check and balance on ridiculous adventures in capital growth well beyond the proportions of reasonable levels of achievement. I didn't borrow these words from Alan "Fedspeaker" Greenspan, nor from Noam "half the time I don't know what the hell I'm saying" Chomsky. They're mine.

Welcome back Larry.
Short sellers keep the market honest. I know many in the short-selling community and most of them really do their homework. They are skeptical about puff pieces on companies and they are properly cynical about corporate press releases.
There's no reason to short this opinion. I'm buying it outright.

Friday, September 12, 2008

Tech Limits of Google?

Good story in the London Times about software robots and human error creating a cluster storm that severely damaged the stock of United Airlines.

Is the SEC hiring technical investigators? They should be.