Sunday, March 15, 2009

Cramer-Nah, Subprime Didn't Matter

2 comments:

Stewie said...

the ultimate contrarian indicator.

Beanieville said...

Note that very few smart people (fund managers, economists, professors, congressmen, etc) actually saw the impending horrible impact of subprime. Even Ben Bernanke didn't see it.

If people did see it coming, we would not be in this problem to begin with.

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.