Here’s another one of my (many, many) short positions, and it’s sporting an inverted saucer which I like. The firm is Post Properties (as if that mattered).
(Note from Tim: The original title of the post was “Protection Against Getting Annaly Raped” which, given the stock’s name, was kind of amusing……….but things are, ummm, a little touchy lately, so I thought I’d dial it back a notch!) (more…)
As most of you know, I don’t tend to be the buy-and-hold sort. Would that I were, surely I’d have many more millions than I do now. But – ah well – cursed by a depressive personality, I suppose. But as I’ve said before, there have been two rather involuntary buy-and-holds, and both have done amazingly well. One is a business investment, which will probably pan out wonderfully, and the other is my house. It is this second one that is getting an unusually large amount of attention, given the insane environment in which I live. (more…)
If there’s one thing that just bewilders me, it’s when I listen to someone explain why they think or believe a certain outcome is inevitable by way of extrapolating previous data points, then bringing them into the present as if they still have the same meaning. (more…)