Comments on: Four Horsemen of Wall Street http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 20:00:34 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: thetanman http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183489 thetanman Tue, 16 Jun 2009 05:13:53 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183489 Does anyone else find it fascinating that the last two episodes of globalization have perpetrated mass swindles? As soon as everyone has the same ideas, then when bad ideas take root, you're screwed. Globalization barely gets going and it blows up in a shower of Ponzi sparks. As soon as Globalization fails to benefit all the moneyed interests, it falls to pieces, because its one big money chase. Anyway, everything has been done and will be done to save the Global ponzi economy. On the small chance we do go down in flames this time, at least it will be interesting to see what the limits are. My bet is there will be none. Global ponzi finance will be defended at all costs. If we do dodge a bullet, we will move to the stage of a government debt bubble. The attempted save on that will be something to see. We are already seeing the effect of the US throwing off vast amounts of money to the emerging markets and commodities. Foreigners will buy up our companies on the cheap because they know they can run them better. And improved management won't involve hiring Americans. I don't think people realize how seductive, yet ruinous this path is. But at least it has been well worn over the centuries. Does anyone else find it fascinating that the last two episodes of globalization have perpetrated mass swindles? As soon as everyone has the same ideas, then when bad ideas take root, you’re screwed. Globalization barely gets going and it blows up in a shower of Ponzi sparks. As soon as Globalization fails to benefit all the moneyed interests, it falls to pieces, because its one big money chase. Anyway, everything has been done and will be done to save the Global ponzi economy. On the small chance we do go down in flames this time, at least it will be interesting to see what the limits are. My bet is there will be none. Global ponzi finance will be defended at all costs. If we do dodge a bullet, we will move to the stage of a government debt bubble. The attempted save on that will be something to see. We are already seeing the effect of the US throwing off vast amounts of money to the emerging markets and commodities. Foreigners will buy up our companies on the cheap because they know they can run them better. And improved management won’t involve hiring Americans. I don’t think people realize how seductive, yet ruinous this path is. But at least it has been well worn over the centuries.

]]> By: some_guy_in_a_cube http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183484 some_guy_in_a_cube Tue, 16 Jun 2009 03:33:43 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183484 "Greed, Mendacity, Stupidity and Arrogance" We've really learned our lesson this time! Until the next time it happens all over again. “Greed, Mendacity, Stupidity and Arrogance”

We’ve really learned our lesson this time!

Until the next time it happens all over again.

]]> By: greg http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183483 greg Tue, 16 Jun 2009 02:54:02 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183483 Mannwich- And I thought we had a convert! iPhone has a keyboard, it's just not a typewriter. Off to bed now, though sleep will not come easy tonite my friend, knowing there are those still wandering in the wilderness. Mannwich-

And I thought we had a convert! iPhone has a keyboard, it’s just not a typewriter. Off to bed now, though sleep will not come easy tonite my friend, knowing there are those still wandering in the wilderness.

]]> By: Mannwich http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183481 Mannwich Tue, 16 Jun 2009 02:47:21 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183481 @greg: No, 90, period. Nyet on the I-Phone. Ditto iMac. Too expensive. Would miss the keyboard on the I-Phone. Might wait until November and switch to a Palm Pre. @greg: No, 90, period. Nyet on the I-Phone. Ditto iMac. Too expensive. Would miss the keyboard on the I-Phone. Might wait until November and switch to a Palm Pre.

]]> By: greg http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183480 greg Tue, 16 Jun 2009 02:41:27 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183480 Mannwich- You mean $90 split adjusted? Did you pick up your iphone, or perchance your 20" iMac yet? Mannwich-

You mean $90 split adjusted? Did you pick up your iphone, or perchance your 20″ iMac yet?

]]> By: Mannwich http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183479 Mannwich Tue, 16 Jun 2009 02:37:52 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183479 I'm a buyer of AAPL when it hits $90 again. I’m a buyer of AAPL when it hits $90 again.

]]> By: greg http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183477 greg Tue, 16 Jun 2009 02:34:23 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183477 cvienne- just saw your 10.23 post. Don't think you'll get the chance, but if you do...good luck. cvienne-

just saw your 10.23 post. Don’t think you’ll get the chance, but if you do…good luck.

]]> By: greg http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183476 greg Tue, 16 Jun 2009 02:32:43 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183476 cvienne- Scott Moritz of The Street .Com just published his first negative Apple column re: May sales. Usually marks a bottom. He still thinks there are some 4 million missing iphones or something, and feels those little notebooks are taking market share from regular grown up computers. He points out that Apple doesn't make a computer under $999. I did not know that...this could cripple the damn company. Let's hope they don't have much debt, or I could see a secondary and possibly a thirdary in the works. That would not be good for the stock at all. cvienne-

Scott Moritz of The Street .Com just published his first negative Apple column re: May sales. Usually marks a bottom. He still thinks there are some 4 million missing iphones or something, and feels those little notebooks are taking market share from regular grown up computers. He points out that Apple doesn’t make a computer under $999. I did not know that…this could cripple the damn company. Let’s hope they don’t have much debt, or I could see a secondary and possibly a thirdary in the works. That would not be good for the stock at all.

]]> By: cvienne http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183475 cvienne Tue, 16 Jun 2009 02:23:35 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183475 @greg OK one last look... I'll buy $125.80 on June 26th... How does that sound? :-) @greg

OK one last look…

I’ll buy $125.80 on June 26th…

How does that sound? :-)

]]> By: cvienne http://www.ritholtz.com/blog/2009/06/four-horsemen-of-wall-street/comment-page-1/#comment-183473 cvienne Tue, 16 Jun 2009 02:15:40 +0000 http://www.ritholtz.com/blog/?p=28981#comment-183473 @greg I'm not against you my friend...In fact, on the contrary... I want to go long the stock...I see $160 upside potential if things go right... I'm cautious though...I'm not sticking a toe in until I see $128...Otherwise, I'll pass...And that will only be a small position...If it then breaks down to $118, I'll up the ante but with some VERY TIGHT STOPS... If I miss all those prints and never get in...I'll applaud all the rest who make $$ with vigor... Cheers my friend...Let's hope we all make some $$ on this pony... @greg

I’m not against you my friend…In fact, on the contrary…

I want to go long the stock…I see $160 upside potential if things go right…

I’m cautious though…I’m not sticking a toe in until I see $128…Otherwise, I’ll pass…And that will only be a small position…If it then breaks down to $118, I’ll up the ante but with some VERY TIGHT STOPS…

If I miss all those prints and never get in…I’ll applaud all the rest who make $$ with vigor…

Cheers my friend…Let’s hope we all make some $$ on this pony…

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