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From Long or Short Capital - view blog entries - visit this blogMay 13, 2008 at 11:07 am ET
“General Motors Corp., the biggest U.S. automaker, said it still has enough liquidity through 2008.” And then what?
If you say you have enough liquidity through the end of the year, you don’t have enough liquidity.
Recommendation: ... ( more)
From Long or Short Capital - view blog entries - visit this blogMay 11, 2008 at 12:07 pm ET
You know, the usual: supreme power, undue influence over others, world domination.
-David Harding of Winton Capital Management when asked about what drives him in Traderdaily
Past Quotes Entirely Relevant to Investing ... ( more)
From Long or Short Capital - view blog entries - visit this blogMay 7, 2008 at 10:26 am ET
This report on seals has us further concerned about the prospects of the entire species.
After 45 minutes the seal gave up, swam into the water and then completely ignored the bird it had just assaulted, ... ( more)
From Long or Short Capital - view blog entries - visit this blogMay 5, 2008 at 8:52 am ET
In February, we pointed out Steve Wynn’s colorful and frank commentary on his company’s quarterly call. Today, we follow up with more from the CEO of Wynn (Nadaq: WYNN).
First, if you recall, Wynn issued $660mm ... ( more)
From Long or Short Capital - view blog entries - visit this blogMay 4, 2008 at 3:52 pm ET
I think that a man should not live beyond the age when he begins to deteriorate, when the flame that lighted the brightest moment of his life has weakened.
-Fidel Castro
Past Quotes Entirely Relevant to Investing ... ( more)
From Long or Short Capital - view blog entries - visit this blogMay 1, 2008 at 10:44 am ET
When America had the desire to prop up corn prices had a need for cheap sugar what did it do? Make sugar out of corn.
When America had the desire to prop up corn prices ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 29, 2008 at 1:43 pm ET
A lot of banks have a lot of bad paper in many different forms. Some of it is from ill-advised and underwritten LBOs which top-tipped the buyout market. Some of it is from ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 28, 2008 at 8:53 am ET
Submitted by reader cjm in response to Earnings Before Everything
Many have noted that EBIT is a bad measure of a company’s ability to pay down debt because it includes abstractions like Depreciation and Amortization that ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 27, 2008 at 10:41 am ET
Whooo!!! Business drunk! More business juice please!
-Liz Lemon on 30 Rock
Past Quotes Entirely Relevant to Investing ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 24, 2008 at 12:24 pm ET
Many companies provide an EBITDA figure along with their earnings, and they let you know it’s a non-GAAP measure, because, well, it’s a non-GAAP measure. Like Skittles, EBITDA comes in a rainbow of fruity ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 23, 2008 at 3:42 pm ET
We are conducting some research, which we plan to analyze rigorously, produce a model from which to profit, front-run the publication of such a model and then, lastly, publish said model.
Please, answer these questions in ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 23, 2008 at 2:33 pm ET
Barney Frank is in full regulator, politician-in-need-of-something-to-yell-about mode. Unfortunately, I must note that Mr. Frank is among our most financially-savvy elected officials (gulp). In this interview with the Economist, he discusses his misguided rationale for ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 21, 2008 at 9:47 am ET
Dear Future Child of Mine [Chase or Madison depending on your gender],
Thank you for the tax rebate. $600 was a very generous gift for such a small child. I know that, at some point in ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 18, 2008 at 9:27 am ET
Citigroup (NYSE: C) announced first quarter fiscal earnings. The results were incredibly good and the stock has subsequently surged almost 10%.
The loss of $5.11 billion, or $1.02 a share, was deeper than Wall Street ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 17, 2008 at 2:50 pm ET
Wellbutrin is an antidepressant prescribed to people who are depressed. Normal run-of-the mill stuff. But Wellbutrin is also a source of endless amusement for the pharmaceutical engineers who created it. These guys ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 16, 2008 at 11:03 am ET
In this time of financial uncertainty, we have experienced heretofore volatility in our portfolio. Assets that were previously uncorrelated are now correlated, assets that were previously correlated are now uncorrelated, write-downs are good, the ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 15, 2008 at 8:00 am ET
Inspired by this incredible expose about oil prices hurting kids via increasing operating costs of school buses all over the country, we decided to survey other demographic representatives to see how higher oil is affecting ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 13, 2008 at 12:04 pm ET
Anytime is the best time to buy.
-Kieran Quinn, chairman of the Mortgage Bankers Association
Past Quotes Entirely Relevant to Investing ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 11, 2008 at 2:03 pm ET
The whole point of being an entourager is a display of power, wealth and ultimately, desirability for procreation. The whole point of being an entouragee is to ogle women and not have to take ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 10, 2008 at 1:10 pm ET
People are concerned about an end of existence event that may be caused by the Large Hardron Collider and there is talk when the LHC is turned on in July 2008, that a super-collision here, ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 8, 2008 at 8:00 am ET
Politicians are generally great at what they do. We know that. It’s a group that self-selects for blowhards and megalomaniacs with a thorough understanding of Zimbabwenomics. And certainly, Massachusetts politicians typify these tendencies. But ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 7, 2008 at 9:40 am ET
I don’t get him, his relevance or why he continues to amuse people. But Tim Sykes certainly exists. I know this because he emailed me.
Hey there, how are you? I’m blogging like a ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 6, 2008 at 12:13 pm ET
Blessed are the young, for they shall inherit the national debt.
-Herbert Hoover
Past Quotes Entirely Relevant to Investing ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 4, 2008 at 2:00 pm ET
I’m calling the top on the bottom. So many people have been calling the bottom. For instance, today non-farm payrolls were down 80k and unemployment jumped to 5.1% (both are clearly trending negatively) and yet ... ( more)
From Long or Short Capital - view blog entries - visit this blogApril 4, 2008 at 12:50 pm ET
From a tweet I put out immediately when the jobs report was released this morning:
Rally time! The new paradigm is not bad news = good news, it’s everything bad has already happened, only good stuff ... ( more)
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