The fall will probably kill ya
One of my favorite films is the Newman and Redford classic Butch Cassidy and the Sundance Kid. It’s almost a perfect movie. One of my favorite scenes is when Sundance reveals that he doesn’t want to jump off the ledge because he can’t swim and Butch so eloquently says, “Why, you crazy — the fall’ll probably kill ya!” Spoiler alert, they jump and make it. Nobody drowns and nobody gets hung up on the rocks or brush. This is a great analogy to what is happening at hedge fund trading desks amidst all this market volatility and uncertainty. I am sure it was a big surprise to no one that […]
Call me bullish
Everybody is down on the markets these days, except for me. True, I do believe the economy is weak and that there is little if any real job growth, but that being said, there are still opportunities out there and now is the time to start evaluating them. That being said, I am the last guy anyone should listen to for investment advice. As many of you loyal readers will recall, I have also said (and continue to believe) that I am not the guy to make the call about shorting Coke and going long Pepsi, but I am the guy to find the right managers to make the call. […]