The TIPs are still negative with a lot less demand. Regulation is circling around automated trading. That is the beauty of a system built to correct itself. It is also the subtle but structural legal difference between Europe and the US. Europe requires a stated and intended outcome. The US relies on the fall off of unintended consequences to correct itself. This creates a stark contrast on the life of the individual on each system.
Meanwhile, a new recession has been declared for 2013. China's slowdown is starting to be felt on the market leaders like FedEx.
Chanos is embodying Carl Marx in his successful pessimism. One has to wonder how an analyst like Chanos grew up to be a short seller. It is not a profession you choose from a class curriculum.
How are your calls bounded by the downside?
Can a fund mission statement change the wiring in your brain?
Did Enron typecast his character?
Do the structural contradictions continue to lead him on the same trail with a killer instinct?
Has it become just too easy for him at this point?
I think his $40 million tower condo on the TIP of South Beach allows him to witness the Light bending phenomena caused by the Earth's mass. It also lets him count the number of cranes before they show up in the books.
Why find the trail when you can touch the Source?
*Aren't we allowed to talk about Higgs already?
Sunday, September 30, 2012
Thursday, September 13, 2012
The Less Paperwork Favor Bites Back
The issue of allowing less requirements for smaller companies already took its toll. It was clear that this was going to become a problem. It was better to allow private companies to sell shares than to eliminate requirements based on size. Networking and the elevator pitch have replaced decision making in the last ten years.
For first time there was a compassionate calling to allow smaller companies to do less paperwork. This decision undermined the purpose of the practices without providing a way to meet the requirement.
The main purpose of the paperwork is not for the company to do; it is for the investors to have. They eliminated procedures without satisfying the need that created them.
A successful small company crashed in less than a year of going public without any transparency.
The market is becoming secondary when automated traders have priority, insider lockout periods are flexible, and public companies don't need to report as much leaving investors on their own. Again, it seems the system is forgetting why it was built.
This makes Gross's overreaching statement that equities are dead a lot more credible.
Hologram IPO Holds Lesson for Investors http://on.wsj.com/OjERIQ
For first time there was a compassionate calling to allow smaller companies to do less paperwork. This decision undermined the purpose of the practices without providing a way to meet the requirement.
The main purpose of the paperwork is not for the company to do; it is for the investors to have. They eliminated procedures without satisfying the need that created them.
A successful small company crashed in less than a year of going public without any transparency.
The market is becoming secondary when automated traders have priority, insider lockout periods are flexible, and public companies don't need to report as much leaving investors on their own. Again, it seems the system is forgetting why it was built.
This makes Gross's overreaching statement that equities are dead a lot more credible.
Hologram IPO Holds Lesson for Investors http://on.wsj.com/OjERIQ
Sunday, September 2, 2012
The imprint of TheFacebook.com
In the history books of positivism, American mysticism, and their consequences in actual implementation, there is a new great solemn event: the 2012 California budget.
In their forecasted budget, California accounted for the taxes that a successful Facebook IPO would have brought to the state.
The forecast accounted for an extra 2.5 billion over five years. The interesting fact about this type of decision making is that the consequences tend to double the effects in the negative direction. It is one of those interesting proportion rules in nature.
They just didn't loose the 2.5 billion tax revenue they predicted leaving them at zero. Now they are probably an extra 2.5 billion in the red.
The ramifications of simple decisions like the Facebook IPO ripple throughout society just to amaze us. It makes it so easy to visualize the collapse of a system. Probably only another mystic positive outlook forecast could fix the situation this time.
In their forecasted budget, California accounted for the taxes that a successful Facebook IPO would have brought to the state.
The forecast accounted for an extra 2.5 billion over five years. The interesting fact about this type of decision making is that the consequences tend to double the effects in the negative direction. It is one of those interesting proportion rules in nature.
They just didn't loose the 2.5 billion tax revenue they predicted leaving them at zero. Now they are probably an extra 2.5 billion in the red.
The ramifications of simple decisions like the Facebook IPO ripple throughout society just to amaze us. It makes it so easy to visualize the collapse of a system. Probably only another mystic positive outlook forecast could fix the situation this time.
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