Saying goodbye to 2008 from the perspective of an investor is a pleasant prospect. The cluster panic of the rich and of the masters of the Universe on Wall Street brought pain to the common man and the long term investors. To me, 2008 also punctuated with a big, bold, full stop "." to many other false ideas and concepts and practices.
Here is my list to receive my "au revoir". Some are New Year's wishes.
1. Hedge funds as an "asset class".
2. Hedge fund managers as demi-gods.
3. Pure libertarianism.
4. The home as a source of spending power.
5. The home as a retirement asset.
6. Credit default swaps.
7. Nominal CPI as a meaningful measure of true inflation - core rules !
8. The McMansion in exurbia.
9. The SEC as an independent agency.
10. Derivatives as unregulated markets.
11. "Market value" as a rationally derived number.
12. George W. Bush - aka "Lyndon" - as a President and leader.
13. The source of wealth of three of the world's "bad boys" (Russia, Venezuela and Iran).
14. Commodity "investing" in futures and derivatives - just speculation.
HAPPY NEW YEAR !
Word of the Day
"Oneiric" - adjective [$10]
Oneiric means of or related to dreams or dreaming
Sentence: As we live in 2009 and beyond under the leadership of Obama, will our oneiric thoughts of 2008 be memories of a single nightmare or a recurring one from which we cannot awake ?
do you guys think i don't have a tv ??? i'm watching the game last nite........and my blackberry starts vibrating...."touchdown oregon".......so f'ng annoying
ReplyDeletePS.......i should have realized......teams from the big12 are not takin these bowls seriously.........the ducks played like it was life and death.......the cowboys were in san diego to enjoy the beach
lool..I like #3... a patrick fishing trip
ReplyDeleteBud 1-3 plus vig
RICE...Home? Houston
TEXAS BOWL Home? Houston
RICE 38-14.....free money... no sweat
good list Bman........i can't agree with #1 though
ReplyDeletewe are in 'fear and panic' mode right now........once we get back into greed mode (and we will) .....guys will be giving money to beefers again.......to quote you
" the dumb and stupid rich "
i actually did take Rice......oh wait......that was in a 'private phone call'
ReplyDeletenever mind
loooooooool
when does the pressure of this losing record stop Bud from posting his picks?..pretty soon???
ReplyDeleteI think so......
Valkyrie - good flic
ReplyDeletetom cruise 's best flic since jerry mcguire
pressure ??? what are you guys talkin about???
ReplyDeleteyou pussies can't pressure me........i'll have alot of bowl picks later on
hole of ass indeed
hole of ass....lmaooooooooooooooo
ReplyDeleteFAT BUD should be fired!!!
Bud...10 times as strong and tough as a Starbucks barista.......oh wait.... nevermind
ReplyDeleteI said peppermint mocha.....NO YOU DIDNT!!....this is fine....Ill take this..Im good....
HAPPY NEW YEAR EVERYBODY!!!
ReplyDeleteSon all your jokes about Rutgers all year finally caught up to you....Schiano stuck it right up your bum.....he knew you wanted the cover....karma indeed
ReplyDeletelmaooooooooooooooooooooo
"san san gook"
ReplyDeleteLMAOOOOOOOOOOOOOOOOOOOOOOOOO
that's exactly what i said " this is fine....i'll take this"
ReplyDeletewhat a pussy i was............let a hi-school kid push me around
it happens..ya go to relax and a douche ruins it..pfftttt
ReplyDeletehello mern?? come out .....come out wherever you are.........i promise to be nice to you.......i won't call you a f'ng cry-baby anymore
ReplyDeletewho is mern rooting for this weekend ?? eagles ?? but he wants andy reid fired - you know - cuz he has a ' low iq '
......what a dilemna
'call the cops'
btw if andy reid gets fired..........i would be more than happy for him to be the new jet coach
ReplyDeletePS....brett favre must go..........bring on mike vick
spagnola would be my first choice......i prefer a first time head coach.....a young hungry guy.......not a guy who has already made a ton of money and has been worn out by the nfl grind
ReplyDeletegmen shoulda clamped him down with head coaching job in 2 years
ReplyDeletesomething else how many ex Gmen coaches are head coaches
ReplyDeleteMy meaning of #1 was that no longer will they be sold or invested in as an asset class, such as stocks, bonds, gold, etc.
ReplyDeleteThey are just a speculation in a manager.
They deserve no more than 5 or 10% of one's holdings, IFF one can find a manager with reasonalbe fees and no extra layer of fees.
I think the dumb rish will take a few years to go so stupid again.
ReplyDeleteBut salesmen att eh private banks and big firms will push them, no doubt. They need a payday, too.
Moi, I will just pay Krypto her dog biscuits and outperform.
vibrating...of course...girlfriend mia for the holidays...no doubt...all alone, naturalllllly.
ReplyDeletethat list gonna make us any money Mrs B...that's what I thought...where is the list of nigga fund stocks.
ReplyDeleteIll post it when Im gd ready..hey you kids get outta my yard!!!
ReplyDeleteUh ... why should I post it until I'm ready to buy ?
ReplyDeletebleeping frontrunners ... sheeesh.
I already posted a lot of them anyway ... mfl was looking at them.
ReplyDeleteuh ... and you knew that DRYS, EXM and GNK were on it ... and they are up a lot today.
ReplyDeleteThat will be 6K, s'il vous plaît.
"Thanks Bman"
;))
Ohhh...OK Ebenezer...these picks are to be up 100's of %....we'll wait til ya stick your head out the window and toss down the golden coin to buy the goooose....so buy em up first.....how ya set on tv's?..loool
ReplyDeleteI dont know what happened in Ohio..but Big Al hurt ya....he hurt ya badd..lool
ReplyDeleteI didn't say I'd buy them first before posting ... I just want to be ready.
ReplyDeleteAnyway, the list now has 55 stocks in 22 sectors.
'6k si vous plait'
ReplyDeletelmaooooooooooooooooooo
you guys are so bitter......it's kinda sad actually
anyway we nailed DRYS today.......what a move......thanks jim
split second action indeed
pitt + 1.5......big east is rollin.....i gonna especially enjoy this one
ReplyDeletelsu +4........acc v sec ?? any questions ??
mich state +8.5.........very very close game......dawgs win a close one
USC -10............my favorite play.....trojans in a laugher......may have to go a few extra units here
va tech +2.5........bearcats can't score......and they layin points ???
nebraska +3.......lemme get this right.....big12north v acc.... and i'm getting points ??? thank you very much ( i'm gonna especially enjoy this one too )
PS.......i really hope UConn crushes buffalo.........so sick of hearing about turner gil......if i opened a fried chicken restaurant......i'd hire him as my manager.....and that's all he's qualified for
i'll have more selections on friday
ReplyDelete'pressure of losing'.........yeah.......you pussies really scare me
DXO..my pick for 09 any of you pooooosies wanna take a pick??lmaooo
ReplyDeleteYou guys keep wanting me to jump the gun & I just added five more stocks to the Obama Fund list.
ReplyDelete"Daddy, are we there yet ?"
11 points on ROH...helluva call Bob
ReplyDeletestick um Bunk!!!
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loooooooooooooooooool(even Big Al got a kick outta that one)
added #14
ReplyDelete14. Commodity "investing" in futures and derivatives - just speculation.
getting lots of snow here ... ugh
ReplyDeletekrypto party hat on...up to the top self, shaken not stirred...light the lamp I say, legal pad and #2 at the ready...a lil taste perhaps...nonono...that AAPLputer makes a fine coaster for the bunktini.
ReplyDeleteI'm making Chinese spring rolls for the New Year's party here. These are good luck, as they look like little gold bars.
ReplyDeleteI think I'll put off shoveling snow until tomorrow - work and champagne don't mix well.
Almost time for Frank Sinatra ...
Bud are those your real picks? or the opposite of your picks? thanks...
ReplyDeleteLuck....be a la--dy...to----night
ReplyDeleterat rings...pppfffttt...slice the spicybaon8r into wedges and serve with toothpicks...a glaas for your Rock, uh, I bought the good stuff pal....bottles.
ReplyDeleteGO PENN STATE!!!....Easy money....."thanks jopa"
ReplyDeleteLMAOOOOOOOOOOOOOOOOOOOOOOOO "good one Bob"
ReplyDeletelooks like commodity fund liquidatons might be over.
ReplyDeleteHappy New Year !
ReplyDeleteportfolio challenge four seasons...*Sharpies not included
ReplyDeleteHappy New Year bunkerboyzzz...drinks all around for the men...do we know who ordered the shirley temple?
ReplyDelete"I think so"
who ordered the shirley temple
ReplyDeletelooooooooooooooool
I ordered extra cherries!!!....NO YOU DIDNT.....thats ok ...im good.....Ill take this one...here's a fin for a tip...dont beat me up
HAPPY NEW YEAR TO ALL POSTERS AND NON POSTERS!!!
ReplyDeleteshirley temple's are delicous.....i drink'em all the time....manhattan's prolly my favorite drink though
ReplyDeleteyes.....those are real f'ng picks
was real busy in the tank......what a day......cha-ching......thanks jim.......i'll be able to go to the grocery store and buy a $50 bottle of bubbly now to take to the party
Happy New Year Bman........and to everyone else too
ReplyDeletemern....mern ??? where are you ??? you crying like a baby somewhere ???
'my life sucks'
1-4 plus vig...the pressure builds
ReplyDeleteBunky you are weak and unprepared...as a result, you will be unable to defend your bunker...sad day indeed sir.
ReplyDeleteMrs B, have a spare room...bring that AAPLputer bunk uses for a drink coaster, you can trade with me anytime, your the best.
GRH spank it Spinny...high five.
ReplyDelete