Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, November 19, 2008

auto deleverage

So far my favorite thing... "How if you go to Mexico for this money, Those are the jobs we would be saving"

Apparently this is on cspan 3, I hate getting commercials, and I hate hearing Pisani instead... Hearing Congress is just like listening to the idiots on CNBC... only it's new idiots.

I keep working on Game theory, I keep wondering how many units of Utility "putting the Stick to the Big 3" is worth.

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