SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maverick61 who wrote (39034)8/31/2010 11:37:28 PM
From: Jurgis Bekepuris  Read Replies (1) of 78711
 
Loeb starts with obvious observation 'banks, healthcare, and for-profit education companies are "overly exposed to unpredictable government regulation."' I'll remove "overly" and he is completely right. They are exposed to government regulation and they should be.

The rest of his missive is yet another No-tax-no-government'istan rant. Let's skip it.

Yes, value investors should account for government regulation costs in their investments. They are fools if they don't. I don't think Loeb is a fool, he's just a self-serving hedgie who will bleat about anything that dares to reduce his investment returns.

Funnily enough he gets on the government side shorting the for-profit education frauds that might finally get stopped from siphoning our taxpayer funds. Funnily enough he wants to invest in the banks that would have been dead if government did not rescue them, yeah BAC and C, that's you we are talking about. So it's good when government does things that help his bottom line, but it's Anti-American when the same things hurt it. Lovely.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext