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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (37218)4/1/2010 8:41:45 PM
From: Madharry   of 78667
 
Every time i watch bloomberg or cnbc and Geithner opens his mouth it makes me cringe. Today he made some inane comment about restricting hedge fund profits, about 1/2 hour after i saw a story about the how the fed was forced to release details of some of the collateral they took from bear stearns and aig after they were sued by bloomberg and a congressman threatened them with more hearings. Having looked at the collateral one commentator noted that given the comment the lehman could not be rescued because their collateral was not in as good a shape as bears leaves the guy scratching his head as to how bad that collateral could have been. Small minded bureaucrats like Geithner end up imposing rules, regulations, and taxation that end up restricting free trade and business innovation and bury economies. I woulnt give this the guy the responsibility of cleaning up dog poo, That is why like most investors I am now trying to diversify outside of the United States.

I agree with you characterization of what took and is taking place and you are right. You recognize that interest rates are artifically low, and that housing became inflated. so the logical thing to do is it to diversity into commodities, and other countries that are productive without foolish central bankers. perhaps now is the time to start buying real estate assets if you can get them cheap enough from motivated sellers.

OT MFCAF,which i hold a large position in, made a new high on decent volume for it over 40,000 shares and up over 7%.. They have not released 12/31/09 numbers yet but I suspect positive results.
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