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"

Thursday, April 9, 2009

coval stafford

So, going through some of that. I disagree with much of it, I'd be curious to see a presentation of the Data.

I also think that the MBS are much more "toxic" than the Corporates. and the data shows Serious Deviations on the Corporates.

I keep having these impulses to go back to school and get my MBA.

My life is fairly overwhelming though.

but... there is all this open coursework I found.. and I figured I'd pass it on. There is a link on the right.

2 comments:

Tony said...

I looked thru the paper and graphs. I'll read it more thoroughly when I have more time.

Eric said...

That lecture is more interesting.

the paper shows a Standard deviation of from 1-2 Standard Deviations on the commercial CDO's (that is price deviations of 30-60% mispricing.

But that lecture is very interesting, shows how the prices of the models became distorted.

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