“Do Deflated Bubbles Always Overshoot?” Cont. The Green Bay Packers never lost a game. They just ran out of time. –Vince Lombardi If you missed my tête-à -tête last week with Barry Ritholtz (“Why the Housing Bears are Bearish“), let me summarize: Mr. Ritholtz wrote that, even after a 35% drop from the peak nationally, housing...Read More
It’s been said “there are no atheists in foxholes.” Apparently, the economic equivalent is “there are no true Free Marketers during depressions,” either . . . –Barry Ritholtz, The Big Picture Regular readers know I’m a big fan of blogger (and fellow former attorney) Barry Ritholtz (“The Big Picture”). Quotes like the one above are...Read More
This exchange, between blogger Barry Ritholtz and renowned investor Felix Zulauf, caught my eye: Ritholtz: In the US, we only have politicians who tell people what they want to hear, and very few who say “Here’s some medicine, it’s going to be uncomfortable, but you got to suck it up because the alternative is far...Read More
Which Way Stocks? “Up, Down, or Sideways”(I think that about covers it) Blogger Barry Ritholtz (“The Big Picture”) is not exactly shy about criticizing Realtor foibles (I think it’s got something to do with his mother being one). So it certainly seems fair to point out some of the fence-straddling, cover-all-bases gobbledygook investment managers like...Read More
Making the Janitor’s Annual Salary . . . Every 3 Hours! The inimitable (and frequently bombastic) Barry Ritholtz, author of The Big Picture blog, has a great post today dissecting absurd CEO compensation titled “American Pastime: Overpaying CEO’s.” His piece basically picks up where my post last Thursday (“Parsing Occidental CEO Ray Irani’s ‘Excellent Performance'”)...Read More
On to Financial Reform! With Health Care now out of the way, we can get to what I consider to be the more important issue: Reforming Wall Street and the banking sector . . . Essentially, I am advocating a “Do Over.” Reverse the past 3 decades of radical deregulation. The alternative is an even...Read More
