Monthly Archives: October 2008

Opportunity knocks

A Chinese buffet restaurant in the U.S.

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It’s been kind of a wild ride on the old investment train these past few weeks, eh Bubba?  Not for the faint of heart, no sir.  But if you’re the sort of person that hits a golf ball at the trees and just knows it bounced into the fairway then you are sitting like the fat man at the all you can eat buffet.  There’s a lot of opportunity – all it takes is the hunger to go make it happen. Continue reading

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Filed under Helpful Hints, Reality checks, What's Going On

Colombo

So it’s 1492 and you’re sitting around Europe fretting about the fact that the Ottoman Turks have disrupted your normal trade routes to India and China.  You’ve got this flat Earth you’re trying to navigate but the Italians and the Arabs call different distances a mile so it’s kind of hard to figure out how you’re going to keep bringing in those supplies of opium spices and silk.  And then, some crazy Italian named Colombo shows up in the Spanish Court. Continue reading

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Filed under Thinking Aloud, What's Going On

Irrational Fear

Alan Greenspan, KBE, PhD (born March 6, 1926) ...

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A few years back, Alan Greenspan became even more famous for his quote about the economy.  He asked:

how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

The stock market promptly took a nose dive. There’s more!

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