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.
Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (1661)9/13/1999 8:04:00 PM
From: TobagoJack  Read Replies (1) | Respond to of 6020
 
Hi Taikun, I had purchased the same book and replacement copies for my library of books I had read before. The replacement books necessary as the originals were borrowed and never returned as they are all too good a read - all 1980s goodies from the last time such as Barbarians @ the Gate, Money Culture, Den of Thieves, Merchant of Debt, In$ider Job, Robert Maxwell. I find all of these books tremendously funny and genuinely entertaining, reading better than fiction. I also got ­øDerivatives, the Wild Beast of Finance­ñ. One problem, I am too busy doing puts and calls to actually read the books right now.

Current trading considered: Hong Kong Shanghai Bank has offered to buy Republic National Bank at $70/share, but deal delayed due to RNB­îs possible involvement in money laundering. I think the deal will go through, though delayed until yearend. The share sells in the for $60, and a call/put straddle at $60 going out one year net $14. Before buyout announcement, the share sold in the $50s. Uhm, will the world blowup before consummation of the deal, and if the world blows up, will HSBC still go through the deal anyway?

I bought the books for when things blowup (which no doubt will allow even better books to be written) and I am stretched out on the beaches in Boracay (Philippines ùC rated best beach in world) at $20/day, lobster sashimi included. I lived in Boracay for 6 months between 1989-1990 when Tiananmen fiasco caused my business to drop to almost zero. I supervised the renovation of ­øFridays Resort­ñ on Boracay for Aussie friends.