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peterb
ParticipantKudos to Thornburg!! He blew outta Anderson because he knew they had no balls and were basically shills. He started Beacon and the guy is dead on and not afraid to go head-to-head with anyone!
He was recently at a conference with a panel of RE experts. One of the other panelists was representing NAR. Thornburg was the only one that told the guy he was full of crap and then took the guy apart. It was awesome. He had one line where he said,”Oh, yeah, I guess that would be ‘seasonally adjusted’ numbers!” He’s now my official RE investor hero!!!
ParticipantKudos to Thornburg!! He blew outta Anderson because he knew they had no balls and were basically shills. He started Beacon and the guy is dead on and not afraid to go head-to-head with anyone!
He was recently at a conference with a panel of RE experts. One of the other panelists was representing NAR. Thornburg was the only one that told the guy he was full of crap and then took the guy apart. It was awesome. He had one line where he said,”Oh, yeah, I guess that would be ‘seasonally adjusted’ numbers!” He’s now my official RE investor hero!!!
ParticipantKudos to Thornburg!! He blew outta Anderson because he knew they had no balls and were basically shills. He started Beacon and the guy is dead on and not afraid to go head-to-head with anyone!
He was recently at a conference with a panel of RE experts. One of the other panelists was representing NAR. Thornburg was the only one that told the guy he was full of crap and then took the guy apart. It was awesome. He had one line where he said,”Oh, yeah, I guess that would be ‘seasonally adjusted’ numbers!” He’s now my official RE investor hero!!!
ParticipantSchiff’s an ok guy, he did call bubble a while back. But he really blew it with his decoupling theory. And when he was called on it, he had such a lame answer I had laugh for at least 5 minutes. He’s pretty much a generalist at best.
ParticipantSchiff’s an ok guy, he did call bubble a while back. But he really blew it with his decoupling theory. And when he was called on it, he had such a lame answer I had laugh for at least 5 minutes. He’s pretty much a generalist at best.
ParticipantSchiff’s an ok guy, he did call bubble a while back. But he really blew it with his decoupling theory. And when he was called on it, he had such a lame answer I had laugh for at least 5 minutes. He’s pretty much a generalist at best.
ParticipantSchiff’s an ok guy, he did call bubble a while back. But he really blew it with his decoupling theory. And when he was called on it, he had such a lame answer I had laugh for at least 5 minutes. He’s pretty much a generalist at best.
ParticipantSchiff’s an ok guy, he did call bubble a while back. But he really blew it with his decoupling theory. And when he was called on it, he had such a lame answer I had laugh for at least 5 minutes. He’s pretty much a generalist at best.
ParticipantMaybe we can get all the CEO’s from the I-banks in front of them. Oh, wait, they just did this in congress last week. And we got to hear about the $100M bonuses they got while they stiffed everyone. Now that’s American!!
ParticipantMaybe we can get all the CEO’s from the I-banks in front of them. Oh, wait, they just did this in congress last week. And we got to hear about the $100M bonuses they got while they stiffed everyone. Now that’s American!!
ParticipantMaybe we can get all the CEO’s from the I-banks in front of them. Oh, wait, they just did this in congress last week. And we got to hear about the $100M bonuses they got while they stiffed everyone. Now that’s American!!
ParticipantMaybe we can get all the CEO’s from the I-banks in front of them. Oh, wait, they just did this in congress last week. And we got to hear about the $100M bonuses they got while they stiffed everyone. Now that’s American!!
ParticipantMaybe we can get all the CEO’s from the I-banks in front of them. Oh, wait, they just did this in congress last week. And we got to hear about the $100M bonuses they got while they stiffed everyone. Now that’s American!!
ParticipantLots of people have called me a “lunatic”. So, I am used to it. Mostly it’s been “pessimist”.
I’ve just been in the investment world since the late 1970’s. I’ve seen most everything, except what we’re seeing now. This is by far, the worst. I doubt we’ll really need to have fortifications of food, water, etc…but what’s the cost of this stuff? Not much, so why not do it? At an earthquake or any natural disaster could always wander by. Ya never know. Again, very little at risk to have food and water, etc…But, I feel sure that we will see the DOW between 5000 and 7000 in the next 12 months. And that houses will be priced at a ratio of 1:3 for incomes in the next 4 years. And that we’ll see unemployment in the high teens within 24 months. We were headed to this in 2002, but Greenpants elongated it until 2007. And now there’s nowhere to run. It’s payback time.
I will continue to short the market when it’s exhausted it’s run up. And buy when the indicators tell me we’re through going down. That’s all. Beats working for living.
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