Posted in General, Market commentaries, Market predictions, tagged bad loans, blame, cds, credit default, general market commentary, greed, greedy, investments, mortgage backed securities, stocks, Technology on October 1, 2008|
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As a professional investor, I have been repeatedly asked my opinion of the credit crisis and what will come of it all. My first answer is that we’ll get through it, so just sit tight. My second point is that it’s vital that people understand what led to the crisis so that we can learn from our mistakes. And yes, they are our mistakes, as in all of us as people with money invested in the market, not their mistakes. (more…)
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Posted in General, Market commentaries, Market predictions, tagged bad loans, blame, cds, credit default, general market commentary, greed, greedy, investments, mortgage backed securities, stocks, Technology on October 1, 2008| Leave a Comment »
As a professional investor, I have been repeatedly asked my opinion of the credit crisis and what will come of it all. My first answer is that we’ll get through it, so just sit tight. My second point is that it’s vital that people understand what led to the crisis so that we can learn from our mistakes. And yes, they are our mistakes, as in all of us as people with money invested in the market, not their mistakes. (more…)
Read Full Post »