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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (31793)5/5/2005 8:37:18 PM
From: anachronist  Respond to of 110194
 
Maybe a year or two ago, Jeremy Grantham said "Wait until prices are 10% of the peak. Then buy." I scoffed.

So they are going to need $948 to break even.

I think they will be lucky if they get $800k.


I scoff no longer.