Holy F*ck. I have half an MBA, run a decent sized company, savings, no debt, ect ect ect and I HAVE NO FARKING IDEA HOW TO INVEST IN THESE MARKET CONDITIONS, BOTH LONG AND SHORT.
I've talked to people at GS, my banker is UBS and I don't think they know what happend or is happening.
I've read over 50 books, cover to cover, paying attention on subjects from bonds to Peter Lynch to Buffet to currency trading to commodity trading and I'm drawing a blank here. I just fininshed a book from the 70s talking about the dollar crash that that guy had predicted (which didn't happen, he said all gold and silver basically). I've gone to seminars, I've spent time in investment clubs, wasted time at parties on thesse subjects. I've read the intelligent invester twice.
I've spent hundreds of hours online looking at investment crap and reading blogs, articles, ect.
Still, I'm at a near total loss for what to do with my savings. Short term everything is in munis but it can't remain that way, and f*ck Bogle, Cramer was right, 10 years wrong is a long farking time to be wrong.
maybe he's just talking about don't buy something that you can't pay for. I wish he'd be more specific.
/end rant. |
