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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (4335)6/5/2001 11:17:50 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
LOL...I was just following yr discussion with CB on creation and destruction of capital in the sense of "I think the confusion arises because we value (better: price) things in $."

Re >>we just need a viewing device to see the future << Huh? I thought God delegated that to CNBC;

your graviton spin (and CDMA and other kind of spins) is a good example. You can even find T-bills in the line-up of promised future cash-flows.

BTW gravity sucks, but Im interested. S/Tell me more.

[edit] The best and most practicale examples of capital destruction for me are
a) earnings season
b) change of market environment for XYZ, leading to a different brand of multiples - "no we're not at #65 any more, we moved to 20"

Of course it goes the other way, but at the moment we are training on destruction

dj