Archive for February 2010

The Worst Investment Management Compensation System Ever

February 16, 2010  ·  Category: Hedge Funds, The Investment Advice Business
I just read a shocking article in on the front page of today's Money & Investing section in The Wall Street Journal: "Losing A Ton And Still Making A Killing", Dennis Berman, February 16, C1 .  ...
Posted by Greg Feirman  ·  No Comments »

The 1934 Midterm Elections

February 16, 2010  ·  Category: History, Politics
Expected to pick up a few score seats, the Republicans lost thirteen instead.  The voters elected a new House of 322 Democrats, 103 Republicans, and ten Progressives or Farmer-Laborites.  Never in the history of the ...
Posted by Greg Feirman  ·  No Comments »

Senator Bayh (D-Indiana) Will Not Seek Re-Election

February 16, 2010  ·  Category: Politics
There is too much partisianship and... too much narrow ideology [in Washington].  Even at a time of enormous national challenge, the people's business is not getting done. All of this and much more has led me ...
Posted by Greg Feirman  ·  No Comments »

Dollar Love

February 16, 2010  ·  Category: Currencies, Macro Economics, Market Commentary, Sentiment Analysis
Two prominent articles on the dollar rally/euro crash.  One in Barron's this weekend: "Will The Euro's Pain Be U.S. Stocks Gain?", Kopin Tan, Barron's, February 13.  And then on the front page of today's WSJ: "Dollar Up As ...
Posted by Greg Feirman  ·  No Comments »

Sac Bee: Granite Community Bank In Big Trouble

February 11, 2010  ·  Category: Sacramento
Problem loans for residential and land development have placed Granite Community Bank, a small lender in Granite Bay, at risk for failure and seizure by the government, according to regulatory filings and banking analysts. The bank ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: Deja Vu All Over Again

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  2 Comments »

Kass: Short Retail Stocks

February 9, 2010  ·  Category: Macro Economics, Stocks
Q: What is one investment theme which you are very confident in for 2010? A: I am most confident in the notion that the consumer will be an albatross around the neck of our domestic economy ...
Posted by Greg Feirman  ·  No Comments »

Dorfman: Invest For The 2nd Stage Of The Bull Market

February 8, 2010  ·  Category: Market Commentary, Sentiment Analysis
From Jan. 19 through Feb. 4, the Standard & Poor’s 500 Index, a decent gauge of the overall U.S. stock market, dropped about 8 percent. Among the reasons sparking the decline were President Barack Obama’s proposed ...
Posted by Greg Feirman  ·  No Comments »

World’s Biggest Economic Sophist On Why Deficits Don’t Matter

February 5, 2010  ·  Category: Macro Economics
These days it’s hard to pick up a newspaper or turn on a news program without encountering stern warnings about the federal budget deficit.  The deficit threatens economic recovery, we’re told; it puts American economic ...
Posted by Greg Feirman  ·  1 Comment »

The End Of The Bullshit Rally

February 4, 2010  ·  Category: Market Commentary
Here is an e-mail I just sent to my Dad and some friends of mine interested in the stock market: Volume is picking up a bit in the last hour here as the major indexes hit ...
Posted by Greg Feirman  ·  No Comments »