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"

Friday, November 21, 2008

My new auto thought

It's all game theory..

So you buy a GM car, with the risk that even with government backstopping the warranty, there is still a risk... and there is still risk that in case of chapter 7 and I'll end up filling out federal paperwork for 30 hours and calling bureaucrats for a few days to get the front end looked at.

Or

I can buy a Honda/Toyota

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