Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we discover new stocks to watch and short! Plus a discussion about the implications of the weird situation in Europe, back to Greece. PLUS predictions.
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Right click here and select ‘Save Link As…’ to download the mp3 file.
Right click here and select ‘Save Link As…’ to download the mp3 file.
Greece isn’t fixed, I live there.
WOW,
Now it would be interesting if’
you talk about STOCKS and what influences them.
You talk about stocks and the reasoning for purchasing Certain ones.
The groupings of Stocks, Utilities, service types, and which are STEADY and which are Explosive.
HOW companies use the Stock market the WRONG way.
when/why a company/corp SHOULD NOT be on the stock market.
Public vs Private stock..
Haven’t listened to the podcast yet, but I’m guessing “fixed” doesn’t mean corrected and does mean influenced.
As an individual investor you ought to know that stock prices are open to individual executives’ machinations. Bond prices are similarly influenced, but the moves are more distinct and more sustained.
Anyone who believes in left vs right is missing the bigger picture. The real political divide is creditor vs debtor.
There is a long history(modern, nations as well as individuals in the west) of creditors allowing debtors to run up stupid amounts of debt and then pulling the plug. Rather than facing fire-sale prices for distressed assets debtors ought to tell creditors to screw off.
If you write a loan with the implicit understanding that the debtor cannot possibly pay it off you should get your fingers burned.
This is why interest rates are so low, and why savers are getting screwed. Prospective creditors know they will get paid back or get distressed priced assets. If they had to factor in possibility of losses they would price their money more dearly.
This isn’t a rant about gold or anything like that. The major governments seem to have decided that risk should be systematically understated and any losses be borne by the state rather than the loan originator.
This situation fits “perverse incentives” to a tee. Changing it is hard, because big money is getting free money. And who doesn’t like free money?