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	<title>Comments on: Quarterly Review</title>
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	<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
	<lastBuildDate>Tue, 14 Feb 2012 15:55:22 +0000</lastBuildDate>
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		<title>By: danm</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189626</link>
		<dc:creator>danm</dc:creator>
		<pubDate>Fri, 03 Jul 2009 11:33:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189626</guid>
		<description>Unfortunately there was an enormous boom in the building of research buildings and in hiring of research faculty to try to capture the resulting $. Some of the debt issued to finance these buildings is now an albatross, as research $ become scarce.
------------------
The same thing happenend in Montreal.  It&#039;s always so much easier to get financing for bricks and mortar than for human capital.

I&#039;ve  always believed that our world would change for the better when we started valuing services over goods.  For example, couples will skimp on the Nanny to buy their Mercedes and the big house.  But unfortunately, I don&#039;t think that will ever happen.

With more than 6 billion people, human capital is in big supply just as resources are relatively shrinking.   And people have always been more attracted to scarcity.</description>
		<content:encoded><![CDATA[<p>Unfortunately there was an enormous boom in the building of research buildings and in hiring of research faculty to try to capture the resulting $. Some of the debt issued to finance these buildings is now an albatross, as research $ become scarce.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br />
The same thing happenend in Montreal.  It&#8217;s always so much easier to get financing for bricks and mortar than for human capital.</p>
<p>I&#8217;ve  always believed that our world would change for the better when we started valuing services over goods.  For example, couples will skimp on the Nanny to buy their Mercedes and the big house.  But unfortunately, I don&#8217;t think that will ever happen.</p>
<p>With more than 6 billion people, human capital is in big supply just as resources are relatively shrinking.   And people have always been more attracted to scarcity.</p>
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		<title>By: cvienne</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189546</link>
		<dc:creator>cvienne</dc:creator>
		<pubDate>Thu, 02 Jul 2009 22:04:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189546</guid>
		<description>My &quot;pre-holiday&quot; prediction...

Everyone is going to be scratching their heads and wondering how we got to 826 on opex Friday (7/17/09)...</description>
		<content:encoded><![CDATA[<p>My &#8220;pre-holiday&#8221; prediction&#8230;</p>
<p>Everyone is going to be scratching their heads and wondering how we got to 826 on opex Friday (7/17/09)&#8230;</p>
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		<title>By: Dogfish</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189542</link>
		<dc:creator>Dogfish</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:57:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189542</guid>
		<description>Close of business here for Thursday... Happy Fourth of July Weekend everybody!  Truly a great crowd here.

I&#039;ll leave off with an aside that this particular sequence of comments was highly amusing to me as I overlooked the time part of the @ from ahab and just saw it as &quot;@cvienne&quot;, like so:

# cvienne Says:
July 2nd, 2009 at 4:27 pm

@lefty
WAIT!
Can I borrow “the twins” for the weekend?

# call me ahab Says:
July 2nd, 2009 at 4:40 pm

@cvienne
that would be a wise and safe move

----

Not so sure about the safe part...

:)

Go Panthers! (And Middlesbrough!)</description>
		<content:encoded><![CDATA[<p>Close of business here for Thursday&#8230; Happy Fourth of July Weekend everybody!  Truly a great crowd here.</p>
<p>I&#8217;ll leave off with an aside that this particular sequence of comments was highly amusing to me as I overlooked the time part of the @ from ahab and just saw it as &#8220;@cvienne&#8221;, like so:</p>
<p># cvienne Says:<br />
July 2nd, 2009 at 4:27 pm</p>
<p>@lefty<br />
WAIT!<br />
Can I borrow “the twins” for the weekend?</p>
<p># call me ahab Says:<br />
July 2nd, 2009 at 4:40 pm</p>
<p>@cvienne<br />
that would be a wise and safe move</p>
<p>&#8212;-</p>
<p>Not so sure about the safe part&#8230;</p>
<p>:)</p>
<p>Go Panthers! (And Middlesbrough!)</p>
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		<title>By: cvienne</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189541</link>
		<dc:creator>cvienne</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:56:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189541</guid>
		<description>@I-man

OK my friend...have a nice 4th...

Meanwhile, if you need something to LOOK AT...Look at the fact that &quot;to me&quot; that 888 on the S&amp;P is soon to be the left shoulder of the the upcoming reverse H&amp;S...</description>
		<content:encoded><![CDATA[<p>@I-man</p>
<p>OK my friend&#8230;have a nice 4th&#8230;</p>
<p>Meanwhile, if you need something to LOOK AT&#8230;Look at the fact that &#8220;to me&#8221; that 888 on the S&amp;P is soon to be the left shoulder of the the upcoming reverse H&amp;S&#8230;</p>
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		<title>By: cvienne</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189540</link>
		<dc:creator>cvienne</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:51:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189540</guid>
		<description>@CapitalistCanuck

&quot;I wouldn’t put much weight into the moves.&quot;

I&#039;m going to take the other side of that notion...

The volume both today &amp; Tuesday was higher (on selloff activity) than it was yesterday...&amp; more than over the past week or so...

I mentioned just yesterday to look at the similarities betweeen 6/10 &amp; 6/11...and the 6/30 &amp; 7/1 patterns on the S&amp;P...(and look at what followed)...

I&#039;ll say it for about the MILLIONTH time...we could be testing 880 by July 7th...

I may play a small bounce there...But I don&#039;t see even THAT holding up very long...</description>
		<content:encoded><![CDATA[<p>@CapitalistCanuck</p>
<p>&#8220;I wouldn’t put much weight into the moves.&#8221;</p>
<p>I&#8217;m going to take the other side of that notion&#8230;</p>
<p>The volume both today &amp; Tuesday was higher (on selloff activity) than it was yesterday&#8230;&amp; more than over the past week or so&#8230;</p>
<p>I mentioned just yesterday to look at the similarities betweeen 6/10 &amp; 6/11&#8230;and the 6/30 &amp; 7/1 patterns on the S&amp;P&#8230;(and look at what followed)&#8230;</p>
<p>I&#8217;ll say it for about the MILLIONTH time&#8230;we could be testing 880 by July 7th&#8230;</p>
<p>I may play a small bounce there&#8230;But I don&#8217;t see even THAT holding up very long&#8230;</p>
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		<title>By: I-Man</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189539</link>
		<dc:creator>I-Man</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:46:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189539</guid>
		<description>@ CV:

Dude... you are one multi faceted dude.

As some folks have said before, you need to write your own blog on survivalism, agriculture, european culture, personal fitness, and technical analysis.

I&#039;d be a daily commenter fi sho.

Have a good fourth... I take it I will be one of the few regulars from here actually in a cubicle tomorrow.
How will I make it without you guys and the tape???

Oh yeah... facebook maybe or youtube clips of Vaughn Benjamin.</description>
		<content:encoded><![CDATA[<p>@ CV:</p>
<p>Dude&#8230; you are one multi faceted dude.</p>
<p>As some folks have said before, you need to write your own blog on survivalism, agriculture, european culture, personal fitness, and technical analysis.</p>
<p>I&#8217;d be a daily commenter fi sho.</p>
<p>Have a good fourth&#8230; I take it I will be one of the few regulars from here actually in a cubicle tomorrow.<br />
How will I make it without you guys and the tape???</p>
<p>Oh yeah&#8230; facebook maybe or youtube clips of Vaughn Benjamin.</p>
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		<title>By: rootless_cosmopolitan</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189535</link>
		<dc:creator>rootless_cosmopolitan</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:39:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189535</guid>
		<description>@Franklin411:

&quot;Or is it by doing something we haven’t done in 30 years: invest in the future. Is it by consciously making an effort as a Nation to making things the world wants to buy?&quot;

Competitiveness of the US-business isn&#039;t just about producing goods the world wants to buy, it&#039;s essentially about guaranteeing sufficient profit margins for the capitalist class. Else the capitalists are just going to produce all the innovative goods in some other countries, using the cheaper workforce of other &quot;Nations&quot;. Thus, since you like to use the nationalist &quot;we&quot; so much, I hope, you are willing to bring the according sacrifice for your own &quot;Nation&quot; by accepting a lower wage/salary for yourself.

rc</description>
		<content:encoded><![CDATA[<p>@Franklin411:</p>
<p>&#8220;Or is it by doing something we haven’t done in 30 years: invest in the future. Is it by consciously making an effort as a Nation to making things the world wants to buy?&#8221;</p>
<p>Competitiveness of the US-business isn&#8217;t just about producing goods the world wants to buy, it&#8217;s essentially about guaranteeing sufficient profit margins for the capitalist class. Else the capitalists are just going to produce all the innovative goods in some other countries, using the cheaper workforce of other &#8220;Nations&#8221;. Thus, since you like to use the nationalist &#8220;we&#8221; so much, I hope, you are willing to bring the according sacrifice for your own &#8220;Nation&#8221; by accepting a lower wage/salary for yourself.</p>
<p>rc</p>
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		<title>By: CapitalistCanuck</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189533</link>
		<dc:creator>CapitalistCanuck</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:36:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189533</guid>
		<description>@I-Man

I wouldn&#039;t put much weight into the moves. Volume was fairly light and most people took the day off or skipped out early.</description>
		<content:encoded><![CDATA[<p>@I-Man</p>
<p>I wouldn&#8217;t put much weight into the moves. Volume was fairly light and most people took the day off or skipped out early.</p>
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		<title>By: Steve Barry</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189531</link>
		<dc:creator>Steve Barry</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:34:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189531</guid>
		<description>This was a great day for shorts...nice gain and II Bulls barely fell.</description>
		<content:encoded><![CDATA[<p>This was a great day for shorts&#8230;nice gain and II Bulls barely fell.</p>
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		<title>By: cvienne</title>
		<link>http://www.ritholtz.com/blog/2009/07/quarterly-returns/comment-page-2/#comment-189530</link>
		<dc:creator>cvienne</dc:creator>
		<pubDate>Thu, 02 Jul 2009 21:30:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=30839#comment-189530</guid>
		<description>@I-man

I&#039;m American...but I lived in Italy for a number of years (in Perugia)...

I had a gym there &amp; trained a lot of the players for AC Perugia (Nakata - who was from Japan, &amp; later played for AC Roma, &amp; Marco Negri who later played in Scotland)...

I also trained Maldini (from AC Milan &amp; Pagliuca former Inter goalkeeper)...

I have some funny stories about Juventus too...</description>
		<content:encoded><![CDATA[<p>@I-man</p>
<p>I&#8217;m American&#8230;but I lived in Italy for a number of years (in Perugia)&#8230;</p>
<p>I had a gym there &amp; trained a lot of the players for AC Perugia (Nakata &#8211; who was from Japan, &amp; later played for AC Roma, &amp; Marco Negri who later played in Scotland)&#8230;</p>
<p>I also trained Maldini (from AC Milan &amp; Pagliuca former Inter goalkeeper)&#8230;</p>
<p>I have some funny stories about Juventus too&#8230;</p>
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