Monday, June 6, 2011

Not back III

We know delivery time is approaching, but we're not watching. However, the theme is good enough for being repeated (we're gone, not back I, not back II).


Believe it or not, we did not copy from this site. That is, notice the blogger saying: We are done. That post was dated 4/15/2009. I did reference the blog from a post on Hedge Funds that was dated 1/29/2009.

Recently, there was an update of 'hedge' funding at FEDaerated which referenced old posts. I was reading them today which is probably a good idea for a blogger, though tedious (not necessarily, as if done right, posts build a story).


I need to find another blog on hedge funds, which are idiocy from several angles. That those in power like these things does not make them right. If people knew how much they stink, there would be an outcry.


That little tirade, above, is well-founded, folks. Too, note that it DOES not say not to hedge (in reasonable fashion).

Anyway, the focus will continue to be on those gamers who use our money system for their sand box.


09/16/2013 -- So, the five year retrospective time. Business week devotes a whole issue. It will be interesting to read all of the perspectives, WSJ, FT, etc. We will have to say some things about Raytheon's push out of Hawker and its subsequent bankruptcy. Like Spirit's split from Boeing, wishful thinking on the part of management and the company led to problematic results (for a lot of people).

07/15/2013 -- A fire late last week bring an opportunity to see what goes into determining whether to do composite repair or to undergo a section replacement.

05/15/2012 -- Except for retrospective looks, as necessary.

04/07/2012 -- Flightblogger ends, as least, Jon's watch. Some issues raised five years ago are still apropos. The context may have changed a little, yet, perhaps now is time to re-address the themes which are beyond aviation, only one of a whole bunch of domains.

07/06/2011 -- It's been a month. The chimera is. The sandbox needs to be.

Modified: 09/16/2013

Wednesday, June 1, 2011

Leverage, again

We went on before about leverage, which tranching leads to: 7oops7, Truth engineering, FED-aerated.

So, QE3? Sheesh. See The Daily Ticker (about 3:30 into the video). How many Americans are pointing fingers at the Greeks?

Leveraging: something from nothing, folks. The eternal, fruitless wish. Oh yes, it can work when there is a cadre of suckers to exploit (like, out-housing).

Where is the 'mature' capitalism being developed? We'll have to get back to exploring the real basis so overlooked in the interest of the best-and-brightest.


06/01/2011 -- In the writeup accompanying the above video, there is a brief discussion of 30-1 leverage giving people some pause. Only idiots ran after that as a good idea. Big Ben has, in his books, a leverage of 51-1. Very smart, big guy. In the trashy tranche post, I used an example of $7 find $93 so that we could have $100. Big Ben's status is $2 finding $98 (whatever, it's absurd to any but the mind of the best-and-brightest).

Modified: 06/01/2011