Add RSS RSS

miami's Profile

  • Buying securities

Comments

Posted by miami in "Jeff Epstein's Lucrative And Mysterious Profession" Wednesday, July 2, 2008 2:14 PM

$100m on $8bn for Les Wexner is 1.25% fee, not unreasonable for active mgmt.

Posted by miami in "Write-Offs: 07.02.08" Thursday, July 3, 2008 11:09 AM

Given what JPM-C did to Bear Stearns, frankly I'd expect nothing less.

Posted by miami in "The "Wizards" of Short Selling" Thursday, July 3, 2008 11:51 AM

The 'encased in ice in TimesSq' nonsense would have been more impressive if

a) the ice wasn't a foot away from his body, and

b) they weren't pumping warm air on him.

Posted by miami in "Fox Business Anchor Cody Willard Can't Move His Face" Monday, July 7, 2008 3:15 PM

TOO SOON!

Posted by miami in "Info War: Turning The Regulators Back Against The Hedge Funds" Wednesday, July 9, 2008 1:32 PM

'I dont think there is any question that Hedge Funds need to be regulated'

why don't you say -

"I am an idiot who is too ignorant to realize that many of the experts on this matter think the opposite of me, so there is a rather large question, and on top of that, Hedge Funds are regulated by several gov't agencies as it stands.

Instead, I shall broadcast my MR-status far and wide via teh Interweb series of tubes!"

Posted by miami in "Dick Fuld's Coping Mechanism" Friday, July 11, 2008 12:16 PM

Fireman? Carney's dressing up as Bernanke....everyone knows this.

Posted by miami in "Lehman Gets Murdered By Fannie And Freddie Fears" Friday, July 11, 2008 12:22 PM

Finkle is Einhorn!

Posted by miami in "What I Meant To Say Was-- BUY INDY" Monday, July 14, 2008 3:57 PM

If we can't let guys from holes they crawl out of like Chuck E. Schumer start a run on the banks then THE TERRORISTZ HAVE ALREADY ONE !!!1!!!

Posted by miami in "Opening Bell: 7.16.08" Wednesday, July 16, 2008 11:19 AM

1) It is silly, repeating a rumor someone told you that you don't know is false is prima facie legal. It's called the First Amendment in this country.

1a) BSC was in huge trouble, and would've filed for bankruptcy if JPM didn't step in. They weren't rumors, they were facts.

2) The funniest part of Rounders is Damon quitting Law school and turning pro because he bluffed Johnny Chan in ONE HAND of poker. OMG!

That's like hitting a 20' shot over Kobe and thinking you're going right to the NBA.

Posted by miami in "Soup lines, free loaves of bread, 5lb blocks of cheese, bags of groceries" Wednesday, July 23, 2008 3:41 PM

You guys are Marxists, obviously.

Either Chico or Zeppo, I'm just not sure yet.

Posted by miami in "Soup lines, free loaves of bread, 5lb blocks of cheese, bags of groceries" Wednesday, July 23, 2008 3:44 PM

You guys are Marxists, obviously.

Either Chico or Zeppo, I'm just not sure yet.

Posted by miami in "Soup lines, free loaves of bread, 5lb blocks of cheese, bags of groceries" Thursday, July 24, 2008 10:53 AM

Only a moron would think Repo Man was a 'so bad' movie. Perhaps you should stick to the Michael Bay section of your local blockbuster.

Posted by miami in "Goldman Changes Bonus Schedule To Treat Plankton Like People" Thursday, July 24, 2008 4:39 PM

Changed it back to the old way. Who cares?

Posted by miami in "Goldman Changes Bonus Schedule To Treat Plankton Like People" Thursday, July 24, 2008 4:42 PM

Changed it back to the old way. Who cares?

Posted by miami in "Frank Quattrone: Bring Back Conflict Ridden IPO Analysts" Thursday, July 24, 2008 4:46 PM

Dear Ms Barnett,

"Nietzsche is dead."

Frank the Tank

Posted by miami in "Bonus Watch '08: Morgan Stanley" Thursday, July 24, 2008 4:49 PM

Your bunny has a good nose, ISG.

Now get out there and sell some credit cards.

Posted by miami in ""It looks to me like Bear Stearns got riddled with bullets''" Monday, August 11, 2008 2:45 PM

cheap disaster insurance, there were already 3 major banks refusing novation CDS trades with Bear. Could have been simple hedging.

Why did the exchanges list $5 puts so soon to expiry if it was so 'ZOMG CAN NOT HAPPEN WTF BBQ?'

Obviously, they thought it was a possibility.

Posted by miami in "Ron Insana Is Legendary No Longer" Tuesday, August 12, 2008 2:52 PM

6 - I'd assume he wasn't in Medallion, which has been closed to outsiders for several years.

And let's not pretend there was 'snickering' some of us were wholesale ROFLMAOing when DB called pitching this nonsense.

Posted by miami in "Mortgage Checks Won't Be The Only Thing Bouncing This Month" Friday, August 15, 2008 4:25 PM

intrade is so illiquid, it's not predictive at all but merely reactive.

They had odds of 75-80% on 2 consecutive neg GDP quarters in 2008. Tell me you think that was an accurate prediction. Even if Q1 and Q3 were negative they lose that bet.

Posted by miami in "Drilling Down Into The CFA Results of DealBreaker Readers" Thursday, August 21, 2008 2:44 PM

9 - There's no venom, it's just a TLA that's unnecessary to work in finance, or manage large sums of money.

The vast majority of the successful HF and PE managers I know and work with don't have it. If you want it, bully for you!

Whether it's trivially easy or not is irrelevant -- at least pick one POV and stick to it. Either you were forced to by your boss, or wanted to 'better yourself' with another TLA.

In either case the amount of 'energy' you think is required is a complete non-sequitur.