I think FB means F@ck@d Borrower and this originated from one of the earliest blogsites I chanced upon around the beginning of 2005 when I was starting to feel very scared that my POS in San Diego was going to decline in value soon. The blogsite bore the same name (e.g., “Another F@ck@d Borrower” or something like that.) Later on in 2005 or in 2006, the host or blog-owner either suffered incredible boredom (ennui?)or some other personal distraction that took him away from daily postings about his encounters with FB’s. He was (or still is) in the lending business. I miss him (colorful character and passion in print)and his blogs. Because of his blog and of others’, I put my house for sale in mid-2005 and sold.
The blogs similar to this one are truly incredible in giving validation to intuitions or hunches that might give one better odds in the astute mastery of probabilities. After I realized this, I ended my subscriptions to business magazines and journals like Businessweek, Forbes, SD Union-Tribune, and WSJournal. Waste of money for those mainstream media if you can find very informative blogs like this which are honestly way ahead of the curve. To me, the MSM are so behind the curve after reading blogs. Of course, there is the matter of blog selection to cater to one’s tastes. I love blogs now. The best part – they’re FREE!!
Thank you to all the great minds out there who are so generous in posting what data they have plus their great comments and conclusions. Added bonuses are their strong opinions and prognostications. Life is never boring with their predictions too. I don’t mind if predictions are sometimes way-over-there, I just take those that I like and ignore those that I don’t. Simple as that.
