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stupid things you heard

Posted: March 10th, 2011, 9:08 pm
by tagoma
"the market is wrong"

stupid things you heard

Posted: March 10th, 2011, 10:17 pm
by TinMan
Ever heard of CDO's?

stupid things you heard

Posted: March 10th, 2011, 10:49 pm
by Traden4Alpha
QuoteOriginally posted by: TinManEver heard of CDO's?Good one!The market creates a forecast and the first rule of forecasts is that they are wrong.

stupid things you heard

Posted: March 11th, 2011, 12:10 am
by TinMan
Quote Originally posted by: Traden4Alpha QuoteOriginally posted by: TinManEver heard of CDO's?Good one!The market creates a forecast and the first rule of forecasts is that they are wrong.What's that quote about prediction being difficult, especially about the future.......

stupid things you heard

Posted: March 11th, 2011, 12:16 am
by Traden4Alpha
QuoteOriginally posted by: TinManQuote Originally posted by: Traden4Alpha QuoteOriginally posted by: TinManEver heard of CDO's?Good one!The market creates a forecast and the first rule of forecasts is that they are wrong.What's that quote about prediction being difficult, especially about the future.......So true!Yet we also have "the market can remain irrational longer than you can remain solvent". Keynes beauty contest can pick some real dogs. LTCM learned that they can be "right" and still lose their shirts (and almost lose everyone else's shirts, too).

stupid things you heard

Posted: March 11th, 2011, 9:52 am
by rmax
"It is already in the price"

stupid things you heard

Posted: March 11th, 2011, 10:35 am
by Cuchulainn
"you bought of 80 tons of leaves, Walt?"

stupid things you heard

Posted: March 11th, 2011, 10:51 am
by farmer
Just be patient. When Obama gets elected our condo prices will go back up, and we can get a third mortgage. Relax, you will see. Trust me. He is going to fix it all. Then we can hit the clubs again next year like we did last year, in our new BMW's.

stupid things you heard

Posted: March 11th, 2011, 11:07 am
by farmer
"Another racist has jumped in." Hahahahahaha, from Amin, when someone agreed with me that he is loony.

stupid things you heard

Posted: March 12th, 2011, 9:10 pm
by tagoma
i remember this one, too : "I perfectly knew I shouldn't have entered this spread"

stupid things you heard

Posted: March 12th, 2011, 9:56 pm
by list
CDO idea is rather rational than irrational. It is common to restructure and repurchase debt. The implementation of the idea is rather imperfect than not bad. It would be much better in sense of a secure investment if tranches cover say 30-35% of the whole CDO and their time of life tranches will be remarkably shorter than underlying of a trench. In a broader sense, CDO can be associated with a country economy. If such a comparison accepted then in order to finance economy we sell it all and we need then to print money to provide hedge for tranches. It does not look reliable way of the business.

stupid things you heard

Posted: March 14th, 2011, 8:19 am
by rmax
Its not documented but the client understands.

Re: stupid things you heard

Posted: May 22nd, 2018, 1:29 pm
by Cuchulainn
"Lyme disease is man-made."

Re: stupid things you heard

Posted: May 23rd, 2018, 11:01 am
by frolloos
"We hire only the best and the brightest."

Re: stupid things you heard

Posted: May 23rd, 2018, 11:57 am
by katastrofa
Andrea Leadsom