Thereishugeearthquakeoutsideequitymarkettoday.Thecrashwasquitespectacleeveninlastyear\'sterm.
Aprecursortoothermarkets?
BlackWednesday:AmongTheWorstDayOfLosses[閱讀全文]
一得閣
一得閣
博文
(2009-05-27 18:54:08)
(2009-02-22 17:54:23)
HowBuffettmarkhisderivativebook--mightbeashockinnextearningrelease.
FromWMDtoWow:Buffet\'sDerivativeLossEstimate.
[閱讀全文]
FromWMDtoWow:Buffet\'sDerivativeLossEstimate.
[閱讀全文]
(2008-09-28 06:25:27)
剛讀到關於神七的報導（http://news.yahoo.com/s/nm/20080928/wl_nm/us_china_space_31），這是老美記者的惡毒編造,還是老毛真的說過這話?（“hascomealongwaysincelateleaderMaoZedonglamentedthatChinacouldnotevenlaunchapotatointospace.”）似乎不記得有這種話說過。。。[閱讀全文]
(2008-09-27 18:23:32)
看看這兩個數字,能看出其中奧秘嗎?LEH的破產資本為七千億,WM的隻有三四百億(當然還是上了前十名)。LEH的規模在銀行業上並非很大,但因為是投資銀行,Leverage允許達到30倍(一般商業銀行則隻允許8到10倍)。所以這救市救的主要是投資銀行——雖然剩下的兩大投行趕緊改變身份,變成一般商業銀行,但其背著的Leverage還是與LEH相似,總量則遠超過LEH,所以救市實在緊迫,所謂幫助整個美國[閱讀全文]
(2008-09-23 18:55:05)
怎麽竟有這麽多人想不通這個概念呢?ShortSale的對方是誰?總得有人買才可能成為Trade,買賣完全對稱。在任何交易中,ShortSale與sale完全一樣,都得有買賣才可能成為交易,所以市場的下跌不可能與交易中的一方有關係——如此簡單的道理,竟然被如此金融大國的政界媒介所不解,也許是有意的愚民政策,但也有可能因為這種簡單的市場概念—時不易受一般人的接受。
買賣對稱這一概念[閱讀全文]
買賣對稱這一概念[閱讀全文]
(2008-04-09 20:14:48)
看看這個CIA文件.Keypoints:
1.CIAgiveDalaiLama180K/yrsubsidyperyear--that\'s1964$,hugesum.andthat\'soutsideotheritemsforthatorganization.NowonderZDhassomuchmoneytohiresomanywhitetrashandwhitethugstodemostrate...
2.ClearlyDalaiisanCIAagentasindicatedhere.IwonderhowmanyCIAagentgetaNobelprize...
老美真是機關算盡啊。
[閱讀全文]
1.CIAgiveDalaiLama180K/yrsubsidyperyear--that\'s1964$,hugesum.andthat\'soutsideotheritemsforthatorganization.NowonderZDhassomuchmoneytohiresomanywhitetrashandwhitethugstodemostrate...
2.ClearlyDalaiisanCIAagentasindicatedhere.IwonderhowmanyCIAagentgetaNobelprize...
老美真是機關算盡啊。
[閱讀全文]
(2008-04-09 20:08:19)
看看這個
CIA文件.Keypoints:
1.CIAgiveDalaiLama180K/yrsubsidyperyear--that\'s1964$,hugesum.andthat\'soutsideotheritemsforthatorganization.NowonderZDhassomuchmoneytohiresomanywhitetrashandwhitethugstodemostrate...
2.ClearlyDalaiisanCIAagentasindicatedhere.IwonderhowmanyCIAagentgetaNobelprize...
老美真是機關算盡啊。
[閱讀全文]
CIA文件.Keypoints:
1.CIAgiveDalaiLama180K/yrsubsidyperyear--that\'s1964$,hugesum.andthat\'soutsideotheritemsforthatorganization.NowonderZDhassomuchmoneytohiresomanywhitetrashandwhitethugstodemostrate...
2.ClearlyDalaiisanCIAagentasindicatedhere.IwonderhowmanyCIAagentgetaNobelprize...
老美真是機關算盡啊。
[閱讀全文]
(2008-03-24 18:14:59)
看這西藏暴徒砸漢人的店，情景有如當年Nazi的NightofBrokenGlass(Kristallnacht,１９３８年１１月９日）。猶太店一夜之間被砸爛燒光。當時也說是＂自發＂的。
西方，特別是老美，支持打砸搶的民主行為可追溯到這段Nazi曆史。當年要不是納粹和小日本自我膨脹去主動把蘇美拉下水，幾百萬猶太人不就被白白屠殺也沒人理？要知道，對猶太人的屠殺和財產毀滅，大部分發生在老美[閱讀全文]
西方，特別是老美，支持打砸搶的民主行為可追溯到這段Nazi曆史。當年要不是納粹和小日本自我膨脹去主動把蘇美拉下水，幾百萬猶太人不就被白白屠殺也沒人理？要知道，對猶太人的屠殺和財產毀滅，大部分發生在老美[閱讀全文]
(2007-11-26 20:43:40)
7.5B買4.9%(MarketCap=150B)，連點Premium都不給。這$30可是今天才掉到的，可見談判得多快。[閱讀全文]
(2007-11-26 20:07:55)
The2000bubbledidn\'thavemuchbalancesheetproblem--justthespeculativeequityvalue.
Let\'sreviewthebasicaccountingformula:
Equity=Asset-Liability
Allthesefinancialfirmshavebalance(liabilityandasset)intrillions,whileequityisrelativelytiny(1/10oftrillions).
Nownewitemsarebeingtriggeredandputonthebalancesheet(likeC),andtheliabilityisincreasingwhileassetvaluesarefalling(asmark-to-market),e...[閱讀全文]
Let\'sreviewthebasicaccountingformula:
Equity=Asset-Liability
Allthesefinancialfirmshavebalance(liabilityandasset)intrillions,whileequityisrelativelytiny(1/10oftrillions).
Nownewitemsarebeingtriggeredandputonthebalancesheet(likeC),andtheliabilityisincreasingwhileassetvaluesarefalling(asmark-to-market),e...[閱讀全文]
