Gabriel N.

That's because stocks, more than any other asset, have the uncanny ability to anticipate news rather than reflect it. Time after time I see examples of how a stock moves sharply in the months ahead of a major fundamental announcement, only to reverse once the news is finally out. - Gabriel N. via Bookmarklet

Jonathan Hoenig Hedge Fund Manager (Capitalist Pig) and trend follower - Gabriel N.

"It's not the proper role of government to prop up stocks, housing or any other market. Yet like the vaudeville performer on the old Ed Sullivan show, politicians now see their duty as to keep the plates spinning just a few more months, maintaining constituents in their homes and jobs at least until after the elections, without any thought to the long-term cost being paid to do so." - Gabriel N. via Bookmarklet

"A lot of brilliant people are actually quite stupid. The math and physics geeks who brought us this horror show are great at making short-term profits for themselves. What they're not so great at is anticipating the destruction their arcane financial contraptions inflict on the world, largely because their models never anticipate any of the “rare” events that always seem to happen." - Gabriel N. via Bookmarklet

"Holy obama... if true! He's going after the rich, in typical socialist fashion. Claims only 5% of Americans would be impacted... which longer term is BS. Going to be interesting to see the tax shelters and tax avoidance strategies people come up with if he gets in and these tax rates are implemented. Have they considered capital flight to lower taxed countries? We'll probably see people reduce their work hours/efforts to avoid being bumped up into higher tax brackets. etc etc. Productivity will drop, tax revenues will drop, deficits will go up.... which ultimately means the middle class will be left holding the bag once the rich have been taxed heavily." - Gabriel N.

"Sometimes, though, a crisis can provide an unexpected gift, a reminder that nobody promised us tomorrow, so we need to make what we do today count." - Gabriel N. via Bookmarklet

"I would say that Jerusalem was an eye-opener. I was raised Catholic but my mother was Jewish. And, I guess, and maybe it's a liberal East Coast thing, but we have this idea that Jews are less crazy than the Christians and the Muslims. But when you go to Jerusalem they actually look more crazy. I call it the funny-hat capital of the world.... When you go to Jerusalem you notice that there is a lot of craziness going on. Even on the plane over, they were, at a certain point, they all stood up in the aisle of the plane davening; they wrapped their tzitzit around their arms, and they just looked like crazy people, always bowing their head. It's disconcerting." - Sean McBride via Bookmarklet

"God" as an excuse to conquer territory, steal resources, murder outsiders (and "traitors" from within), suppress free speech, impose authoritiarian or totalitarian rule, line the pockets of "priests," etc. - Sean McBride

which is the history of religion - Gregory Lent

Hey, how'd you get in my basement? - Shey

Is this where the bailout money went? - Andrew Trinh

Nope, that's Bernanke's basement... unmarked bills for hookers and coke! - Gabriel N.

"The rolling crisis that has become the daily routine of late has no obvious and immediate solution, but at least we can be clear about how we arrived in this thankless position. And maybe, just maybe, we can learn a thing or two about policymaking for the years ahead. It won't be easy, but progress never is, especially in the dismal science." - Gabriel N. via Bookmarklet

"Soon, since I have no respect left for Wall Street, the banks, Congress, government in general, the news media, the schools, the Supreme Court, the United Nations, or anybody I can think of, I am soon bored with another scandal, and I am mindlessly picking at a scab on the end of my nose, thinking that if the Girl Scouts were president, at least maybe we could get cookies out of the deal." - Gabriel N. via Bookmarklet

Can your shouting and posturing become a self-fulfilling prophecy? A professional who cannot explain a problem to a non-professional does not understand the problem. And the people in charge of fixing this can't explain it. Instead, they'll just keep rolling those bones and betting our money. - Gabriel N. via Bookmarklet

Equity markets complete their Bull and Bear cycles with increased volatility, which is the case today. Bull cycles end when the actors run out of cash needed to push prices higher. Bear cycles end because cash holdings build up to very high levels amid the growing opportunities to buy va - Gabriel N. via Bookmarklet

Faced with a choice between Chinese- or Swedish-style capitalism, which road will U.S. take? - Gabriel N. via Bookmarklet

"It seems there is a new threat to our country- an insidious danger that is seeping into our homes and everyday lives that must be stopped at any cost. That threat is intellectualism. We have heard the some of the buzzwords of this political season- Folksy, Joe Six-pack, Elitist, and Arugula Eating. It seems the new "culture war" or wedge issue is intelligence. The Vice-Presidential debate only solidified the lines in this war. On one side, you had Palin- full of "folksy charm" and "you betcha" language. Then you had Biden, who had a command of the issues, but was called "boring" and (gasp!) "professorial" by the pundits." - Sean McBride via Bookmarklet

lindsay: I'd be careful about scrapping exams. The UK has shown that the move towards coursework orientated teaching methods precipitate a collapse in the performance and engagement of males in the education process. A decline that is reversed upon entry into the competative environment of the university. Using exam results in order to rank schools is bad however. - alphaxion

It's like your whole country is subject to one giant instance of the Dunning-Kruger effect when it comes to choosing a leader. http://en.wikipedia.org/wiki/D... - Warren

"Wow, it is an incredible cover. Love the strings... thanks for sharing." - Gabriel N.

and? wow... some how I don't think Mark followed the advice. this sounded more like dad's advice. be cheap and work a shitty job. no way Steve... I prefer harassing you with useless comments instead - AnotherⓃⓄⒶⒽ

Ha! I bought the domain www.hownottogetrich.com long ago - because I was doing a fairly good job. (But, I let it expire, of course. Ironically, once again proving my qualifications for the job!) ;) - Shawn Zehnder Lea

PERKONOMICS: A new breed of perks and privileges, added to brands' regular offerings, is satisfying consumers’ ever-growing desire for novel forms of status and/or convenience, across all industries. The benefits for brands are equally promising: from escaping commoditization, to showing empathy in turbulent times. One to have firmly on your radar in 2009. - Gabriel N. via Bookmarklet

"If you have the time, one strategy that you can employ in sloppy markets is to engage in stock picking. During these volatile markets, the price behaviour of a stock will tell you much more than the current fundamentals because the price leads the fundamentals by weeks and months. For example, collapsing markets create an opportunity to study the price behaviour of stocks in your portfolio and of the stocks you are thinking of acquiring. The strategy here is to seek out stocks that performed better or worse than the broader stock indices during a period of fear and panic." - Gabriel N. via Bookmarklet

Financial woes touch sectors ranging from chemicals to software - Gabriel N. via Bookmarklet

The great Austrian economist Joseph Schumpeter said that capitalism was a process of “creative destruction.” You cannot have the one without the other, so pouring money down a rat-hole to prevent further destruction will kill creativity and turn the economy into a Soviet-style mess. - Gabriel N. via Bookmarklet

The four-CD, 81-track box set is all ready to go for a September 30 release. And apparently both Reid siblings, Jim and William, were involved in its creation. - Mark Wilson via Bookmarklet

Joey, Kill Surf City is on it. "Note to Jesus and Mary Chain obsessives: Yes, everything that was on 1988 rarities compilation Barbed Wire Kisses is on this box set... except for the live cover of Can's "Mushroom". No, we don't know why that's missing. " - Mark Wilson

YES PLEASE - Anna Haro

will keep an eye out... Where did you hear this from?? - Gabriel N.

Agreed. Happy we sold... Cash is not a bad place to be until we determine our next opportunities. - Gabriel N.

Are they well funded and don't need to raise more cash? Gold has me stumped... The market is so rigged and gold has yet to make a move. Are we heading towards a deflationary period?? - Gabriel N.

"I hurled watching the markets crap out before I was able to gulp down a bottle of pepto. Will see what today brings! I will replace my morning coffee with pepto as a preemptive move!" - Gabriel N.

"This morning he (Pete Yorn) sent me a track that, given what’s presently happening in the United States, he feels important and wants to get out there. Having read the lyrics to the song some weeks ago, I wholly concur with his sense of immediacy regarding its lyrical content – and the music only makes the message all the more potent." - Gabriel N. via Bookmarklet

"Johnny Marr sure has shared his talents with lots of bands... The The, Pretenders, Oasis, Pet Shop Boys, Billy Bragg, Talking Heads... plus Electronic, Johnny Marr & The Healers, and of course Modest Mouse. Being a big fan of Joy Division/New Order and the Smiths... I really liked the combined talents of Electronic. This is all bringing back some cool memories...." - Gabriel N.

"He's been sounding a little too wanky for me the last few releases... haven't been able to get into his music the past few years. Totally miss Johnny Marr's guitar work!" - Gabriel N.