FINTAG COMMENT
Begging bowl.
So the UK's debt is a few billion off the budgeted forecast. Like the USA, the UK has its largest ever debt since the Second World War when there was a good reason for a large amount of debt - War. This time around,...
THE FINTAG NEWSLETTER @ 21 October 2009
Begging bowl.
So the UK's debt is a few billion off the budgeted forecast. Like the USA, the UK has its largest ever debt since the Second World War when there was a good reason for a large amount of debt - War. This time around,...
THE FINTAG NEWSLETTER @ 22 October 2009
FINTAG COMMENT
Black armband day.
So Goldman, JPM et al who were saved from bankruptcy have lobbied Obama to avoid comp caps and instead thrown BoA, ML and AIG into a cesspit where country club membership will be banned and a few top earners will not get paid....
THE FINTAG NEWSLETTER @ 09 November 2009
FINTAG COMMENT
Now where was I.
Bullionvault.com is the new retail haven of safety ....RBS should have gone the way of Lehman ...EU Directive is pants and whoops of whooping are heard all over Mayfair ...Hedgies are on the streets fighting over Lehman cash ...
FINANCIAL NEWS
THE FINTAG NEWSLETTER @ 10 November 2009
FINTAG COMMENT
Read it before Murdoch takes it away.
Soon only the rich will be able to buy internet news ...nomos capital suffers from dirty old man syndrome ...bear sterarns (gordon brown spelling) verdict is imminent ...guilty all round ...barclays make profits thanks to the arabs ...dow is on...
THE FINTAG NEWSLETTER @ 11 November 2009
FINTAG COMMENT
Mohammed.
On the way up:
Gold
Managed Accounts
Goldman Sachs Body Guards
Dow
Hedge Fund AUM
Meetings with NOMOS
On the way down:
Fund of Hedge Funds
GBP (thanks to the CRA's)
Windows 7
SEC litigation against hedgies
AVENUE WINS ON SIX FLAGS...
THE FINTAG NEWSLETTER @ 20 October 2009
FINTAG COMMENT
Pop.
Funny how the people I talk to are waiting for the big pop. And yet they are piling into the markets because they believe it has some way to go before the big bang 2.0.
Many commentators have gotten bored about debt, protectionism,...
THE FINTAG NEWSLETTER @ 19 October 2009
FINTAG COMMENT
Marriage.
Trading is like being married. It is a contract between an ego and a lifestyle that starts out on the right tracks but can often lead to a hatred of that Bloomberg or Reuters screen and turns into a nasty love hate scenario what-if denial...
THE FINTAG NEWSLETTER @ 15 October 2009
FINTAG COMMENT
Back to ordering the last wine on the list.
Why the media is so surprised at the latest stellar profits from the Investment Banks is rather bizarre. Any company that can offload its bad debts and get a decent fair value as well as pushing its...
THE FINTAG NEWSLETTER @ 14 October 2009
FINTAG COMMENT
Disenchanted.
Spending all day and night grinding my teeth to the sound of the opening and closing bells takes its toll. I have been so selfish and focused on nothing but performance for the past few years. Performance on the race track, performance of my funds,...
THE FINTAG NEWSLETTER @ 13 October 2009
FINTAG COMMENT
Flying high.
The problem with luxury is it wears thin pretty quickly. It soon becomes a real hindrance as it is supposedly meant to be the best but it never is. Once you find yourself flying First Class you demand the best seat (having checked out...
THE FINTAG NEWSLETTER @ 12 October 2009
FINTAG COMMENT
Erratic.
Like my predictions of late, the next few newsletters will be erratic in delivery. During boom times, managers love to tell you how good they are; come the slump and the excuses run out and those newsletters run dry. My excuse is travelling. For the...
THE FINTAG NEWSLETTER @ 09 October 2009
FINTAG COMMENT
Economy.
I tried but I couldn't cope, so bought an upgrade to First Class. This game of down sizing is not as easy as I thought. Like going cold turkey, one needs to be locked away for a few weeks or you take the easier path...
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