Bailout
If we bailed no one out then what? The economy would fall and reorganizes. Assets will be cheap. Someone like me who has been conservative with spending and credit could buy a nice house cheap and those who were not, would be in my place. Further I could use the reserve capital I have on [...]
Continue Reading Bailouts reinforce the status quo
There is no economic crisis, only a redistribution of wealth. The government bailout is nothing more than a reinforecement of the status quo. That is the people who have power. Yes when the government helps large companies they hurt me. I have been someone who has been conservative and has cash. If the bad companies [...]
Continue Reading Economic crisis
Tags: economic crisis
OneBeacon Insurance stock
Many people are selling this stock even at about 7 dollars a share. OneBeacon Insurance stock is trending down, even breaking down. Here in November 2008 I think we are seeing double trouble with this stock.
First the financial industry is a mess. And many think 2009 has more bad news. In fact maybe [...]
Continue Reading OneBeacon Insurance stock
Tags: OneBeacon insurance
OneBeacon, I would say no. But this is what people are saying. The reason I would say no, is the stock has not shown any funny movement. Until I see movement in a strange movement in volume or price I would have to say no. The stock is sick and weak and the company losing [...]
Continue Reading Is OneBeacon for sale?
John D. Gillespie at WHITE MOUNTAINS INSURANCE GROUP
Gillespie is a good man. He is a highly ethical man. He is honest in all his reporting. He is a good human being. He is the head of White mountains insurance group investment running White mountains Advisors. However, John Gillespie should have looked at the 200 day [...]
Continue Reading John D. Gillespie at WHITE MOUNTAINS INSURANCE GROUP
Tags: white moutains insurance
WTM or White mountains Book value per share is only valid if the company’s earnings are stable. Earnings are not stable at WTM - White mountains. I do not want to know where a company is - I want to know where it is going.
Where is White mountains insurance going
If White mountains insurance have so [...]
Continue Reading WTM White mountains Insurance group and Book value
The stock market has given Obama a poor review the first week after the election. I think many people were thinking this positive talk would lift the market and the USA back to where it was or at least put it in the right direction. But the truth is the market responds to potential growth [...]
Continue Reading Obama and the Stock Market
Tags: Obama, stock market
