I’ll just take the toaster
Lance on Nov 21 2008 | Filed under: Humor
Lance on Oct 02 2008 | Filed under: Humor
A new distressed debt leveraged hedge fund has been launched:
Go visit the website for all their competitive advantages!
Lance on Feb 11 2008 | Filed under: Great Investors, Humor, Risk, Valuation, economy
John Hussman is always worth a read. I like this from his letter this morning:
As I wrote in April 2000, bear market psychology typically evolves something like this:
“This is my retirement money. I can’t afford to be out of the market anymore!”
“I don’t care about the price, just get me in!!”
“It’s a healthy correction”
“See, it’s [...]
Lance on Jan 07 2008 | Filed under: Economics, Humor
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Lance on Jan 07 2007 | Filed under: Humor, Taxes, Uncategorized, tax policy
Via Professor Greg Mankiw:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The [...]