"….When I watch Chairman Bernanke, Secretary Geithner and Mr. Summers on TV, read speeches written by the Fed Governors, observe the “stimulus” black hole, and think about our short-termism and lack of fiscal discipline and political will, my instinct is to want to short the dollar. But then I look at the other major currencies. The Euro, the Yen, and the British Pound might be worse. So, I conclude that picking one these currencies is like choosing my favorite dental procedure. And I decide holding gold is better than holding cash, especially now, where both earn no yield."
David Einhorn
Value Investing Conference
19 October 2009
Parents night tonight and the playground is spotless.. all is good, anyone on here got kids at charlton manor and comming tonight say hi I'm the big bloke black hoodie and always carrying a a big bunch of keys.
Comments
What does it mean
to lose all your money
in a shit football team........
David Einhorn
Value Investing Conference
19 October 2009
The House is empty...............
1st 2 Sea Saffron 8-1
2nd 3 Bradford Boris 5-1
3rd 7 The Arsonist (IRE) 20-1
He was only at Celtic until the end of their season.
What is it all about ?".
Nils Bohr, particle physicist.