Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (12380)	5/31/2006 9:02:47 PM
From: aknahow	Read Replies (6) \| Respond to of 78410

Going on 70 and started investing when I was 12. Have a MBA in finance and worked for quite a few years as Chief Investment Officer for a fixed income institution with about 12 billion in investments. Mainly CMO's. Speak 3 languages and lived a total of 14 years in South America, in 4 different countries. Was on Wall Street during for two days during the 87 collapse, visiting rating agencies as we were getting a commercial paper rating. So? I have never seen it so strange. The terrorism factor is a major issue. Living in Peru while Sendero Luminosa was active was no big deal. Power would go off in Lima for a max of 3 days, but one got used to this and three days was the max. Hours off was more common but even that was only perhaps 10 times a year. The killings took place elsewhere. Worked, a few days each month, in the coca producing area at times. but never worried much about it. Yet the present situation is world wide and there is no easy solution or perhaps even no difficult solution. Corporate greed and corruption seem worse than ever and I was a big Drexel fan. The dollar remains strong but the strength seems more due to the lack of real attractiveness of other currencies. The political situation in the U.S. has too some extent turned into a Latin American thing with the parties hating one another. This is a problem since all issues become political issues where the objective is to create a problem for the other side, rather than try to solve real problems that would be difficult to solve even with everyone giving their best to find solutions. The public also appears willing to vote for anyone who promises the most and exaggerates the true nature of problems. Cash worries me as inflation remains probable. Bonds the same situation. Non p.m.s ? Or rather non resource stocks? Moving into smaller telcoms, but without conviction. Not a popular area and I have never cared much about dividends. Need to reduce my risk profile but not sure I am doing any more than exchanging one type of risk for another. So, you were briefer, there are indeed, "...too many variables to figure anything out" But I'm not laughing.