Sorted Weekly Tweets

Rest of the World


  • Chavez ‘Likely’ to Lose, Supporting Bonds, Barclays Says Something optimistic 4a Friday afternoon; but will he go? $$ Oct 05, 2012
  • Spain Sees Divorce Driving Breakup of Towns in Recession Badly handled, economic problems lead2 relationship problems Oct 05, 2012
  • BOJ Seeks Help Against Deflation Contrary to popular belief, low central bank policy rates inhibit growth $$ Oct 05, 2012
  • Europe Jumps on Bank-Overhaul Bandwagon also Basel has done a bad job setting capital levels Oct 03, 2012
  • How ECB Chief Outflanked German Foe in Fight for Euro Clever politician sways Merkel through Hollande & wins4now $$ Oct 03, 2012
  • The real risk is the Capriles wins by a little, & Chavez finds a way to retain power. $$ Oct 03, 2012
  • Property Funds, Bonds Supplant Europe Lenders Banks can’t lend; watch currency risk, liquidity risk & credit risk $$ Oct 02, 2012
  • Longest Rally in Nine Years for JGBs on Deflation 6th straight quarter of gains: matches a similar stretch in 2003 $$ Oct 02, 2012
  • Norway’s Wealth Fund Targets U.S. Real Estate by End 2013 They have a long time horizon; this isn’t 4 speculators $$ Oct 02, 2012
  • Spain Expects a Wider Budget Gap No surprise, Eurozone numbers r routinely gamed, b/c there is no enforcement $$ Oct 02, 2012
  • Trade Slows Around World Kind of a soggy feeling w/China slowing, huge gov’t deficits & loose $$ policy Oct 02, 2012



  • Bakken Crude Prices Rise as Railroad Reach Grows Fascinating 2c transportation matching crude supply & demand $$ Oct 05, 2012
  • Natural Gas Glut Pushes Exports Usually big, aggressive investments don’t work out. Small ones are manageable $$ Oct 05, 2012
  • California Refiners Ration Gasoline as Prices Near Record also Price of EPA fuel rules $$ Oct 05, 2012
  • Regulations help create shortages because gas in 1 area can’t be used in another. Time to simplify & have fewer blend… Oct 04, 2012




  • Jet-Lease Billionaire Udvar-Hazy Takes On $AIG Hand That Fed Him When AIG bot ILFC, took stock to avoid taxes, oops Oct 05, 2012
  • Apple’s Steve Jobs: What He Knew in 1983 Jobs was an amazing guy. What he foresaw makes him even more amazing. $$ Oct 04, 2012
  • Dan Loeb and Boyz II Men: Break Up Murphy Oil $MUR doesn’t want to break up, but many oils cos r going that way $$ Oct 04, 2012


Federal Reserve


  • When central banks feel they need to reveal more & show action, they fall into a trap of over-acting, which leads to a liquidity trap $$ Oct 05, 2012
  • Fed Seeks to Clarify Plans Fed transparency is a bad idea. Fed managed $$ policy better when it revealed little Oct 05, 2012
  • Rubik’s Revolutions @izkaminska takes us through the vagaries of why QE doesn’t do that much. We r Japan now $$ Oct 03, 2012
  • Don’t call it money printing, rubiks cube edition No, QE is not money printing, but it won’t be easy 2 undo $$ Oct 03, 2012
  • Bernanke Seeks Gains for Stocks in Push for Jobs Monetary policy favors the rich over the poor in the current Fed $$ Oct 03, 2012
  • TIPS Show Inflation Alarm Fading as Options Give Fed Time Off ~15 bps since QE3 launch $$ Oct 02, 2012


Market Dynamics


  • Despite Gains, Many Flee Stock Market Y retail investors tend to lose- fail 2 buy & hold @ a moderate risk level $$ Oct 05, 2012
  • Investors Jump Off the ‘Junk’ Pile New record in junk issuance, & a very low proportion of BBs, feels like 2006 $$ Oct 05, 2012
  • Merrill Lynch, Morgan Stanley, Wells Fargo Keep Losing Market Share, And They May Be OK With It RIAs Ascendent $$ Oct 04, 2012
  • My (Not so) Golden Rules About Investing (& Not Investing) HT: @reformedbroker 25.75 tungsten-filled investing rules $$ Oct 04, 2012
  • Early Impact Of 401(k) Fee Disclosure Rules This will be big. When you really c how much expenses they charge, ouch $$ Oct 04, 2012
  • They’re back! Yield hunt pushes funds into CLOs, CDOs Into the final phase of the credit rally. Wind it tighter! $$ Oct 04, 2012
  • Stop Me Before I Do Something Stupid Tips for becoming a more disciplined investor—and boosting your returns $$ Oct 03, 2012
  • The Three Most Overrated (& Underrated) Financial Planning Recommendations Worth a read $$ Oct 03, 2012
  • For Warren Buffett, the cash option is priceless If you have the discipline, the cash option has value, if not no $$ Oct 03, 2012
  • Damages Bill Gross takes an inflationary view, & assumes that the deflationary forces of the world will go away $$ Oct 03, 2012
  • Dylan Grice Writes His Most Negative Note Ever Notes that the present QE policy favors the rich over the poor $$ Oct 02, 2012
  • America’s new subprime boom: This time it’s cars This will b a positive trend for 2 yrs; worry out in 2014 $$ Oct 02, 2012
  • 6 reasons to dump a bad mutual fund Could b simpler: sell when you find a fund w/better prospects net of loads $$ Oct 02, 2012



  • The Romney Reboot Arrives I’m voting 3rd party, but it is interesting 2c the presidential contest liven up $$ Oct 04, 2012
  • How to Make an Ailing World Economy Even Sicker The idea of gradually reducing the deficit is politically naive $$ Oct 03, 2012
  • Romney’s Middle-Class Tax Sale The devil is in the details, & true of Obama as well. Ended up being Bush-plus $$ Oct 03, 2012
  • Romney Floats Idea of Itemized Deduction Cap Has to be a cleaner way 2 do this. Ah, return to TRA ’86. Simple $$ Oct 03, 2012
  • Obama Cabinet Flunks Disclosure Test With 19 in 20 Ignoring Law Less transparent than Bush $$ Oct 02, 2012


Bank Regulation


  • Bank-Friendly US Regulator Shifts Focus to Revamp Reputation OCC is actually going to regulate banks?! Who knew? $$ Oct 04, 2012
  • Freddie’s Foreclosure Plan Hits Roadblock We don’t get it. After 2 much debt financing housing we seek more debt $$ Oct 03, 2012
  • Banking should be a low ROE business.  High capital levels keep the banking system safe. $$ Oct 03, 2012
  • Intelligence Exits Washington, Vacancies Rise Will b interesting 2c how comm RE pricing shifts as Wash DC retrenches Oct 03, 2012
  • Banks Like Munis; Mom-and-Pop Investors Don’t I don’t get how banks w/short liabilities can buy long munis $$ Oct 03, 2012
  • Sheila Bair: The one thing banking regulators should do now Her solution is to raise capital requirements $$ Oct 02, 2012
  • A Very Strange Way to Assess the Safety of Banks Simpler metrics than Basel r needed; complex ones r easy 2 game $$ Oct 02, 2012




  • Big Picture Conference 10/10/12 Lineup: Barofsky, Grice, Yamarone, O’Shaughnessy, Ritholtz, Rosenberg, Bianco & more $$ Oct 04, 2012
  • Bill Gross calls for a balanced budget so that all Treasury bonds & his bonds will get paid in full. $$ Oct 02, 2012
  • SEC Leads From Behind as High-Frequency Trading Shows Data Gap SEC way behind $NDAQ & $NYX in understanding HFT $$ Oct 02, 2012




  • RE: She bought Paypal, the most valuable part of $EBAY . What more could you ask for? $$ Oct 04, 2012
  • Commented on StockTwits: Name 3 insurers that have managed Life & P&C operations well… I am a former insurance buy… Oct 03, 2012
  • Commented on StockTwits: Pretty certain that the DTAs would be divided up in a breakup. Insurance acctg tracks DTAs … Oct 03, 2012
  • RE: @bloombergview This really seems like wishful thinking. Huge difference in the way most Muslims & Westerners thin… Oct 03, 2012
  • Commented on StockTwits: $HIG has issues with variable products 2a higher degree, even though $AIG has the same issu… Oct 03, 2012
  • Commented on StockTwits: There r no synergies btw each of the 3 groups: no advantage to having P&C, Life & Other tog… Oct 03, 2012
  • Commented on StockTwits: I would split P&C & Life & everything else — still a valid idea. Oct 02, 2012
  • RE: @PS46MMUCF4PDUIQ4LRUF3DMW2A That doesn’t solve “fat finger” problems, rogue automated trader, or feedback loop pr… Oct 02, 2012




  • @incakolanews Could be… or maybe Barclays is trying to reduce its VZ bond inventory… Oct 05, 2012
  • . @The_Analyst The life insurance industry got burnt on CDO crops 1 (1998) & 2 (2001), but not 3 (2008), what will crop 4 yield? $$ Oct 04, 2012
  • @BlackRaven999 Both stock & flow are important, that is what makes this complex 2 understand Oct 03, 2012
  • @DividendMaster I think that either a significant recession &/or inflation is unavoidable. Delayed deficit decline means no deficit decline Oct 03, 2012
  • @BlackRaven999 Waiting till maturity leaves QE deposits in the system 4a long time due to twist. All removal of policy accommodation is hard Oct 03, 2012
  • @hook910 Take it up w/Buffett who has done it successfully. Intelligent businessmen do it: buy cheap assets when opportunities allow. $$ Oct 03, 2012
  • @hook910 With a long enough time horizon, and patient capital, market timing can succeed, value mgrs do this. This is what Buffett & FPA do Oct 03, 2012
  • @hook910 So you admit that the value of dry powder does change over time. Thanks! 😉 Oct 03, 2012
  • @hook910 It is not on option on cash, but cash can b thought of as an option on other assets. Was dry powder valuable in late 2008? Yes $$ Oct 03, 2012
  • @wanderinggull I think it is a bit of a stretch Oct 02, 2012
  • @DividendMaster They r attempting to lock in a smaller loss. Wonder when the yield on the 30-yr TIPS goes negative? $$ Oct 02, 2012
  • @ReformedBroker I respect Chuck Royce, but basically he is estimating the odds of deflation as being very low. What if China shrinks? $$ Oct 02, 2012
  • @TheStalwart Big installed base for LIBOR, easy to offer something better: even total up all US interbank lending 4a day, calc avg rate $$ Oct 02, 2012




  • RT @ppearlman: RT @AlephBlog: Break up $AIG. I said it first here: then here: $$ Oct 02, 2012
  • Break up AIG $$ RT @ppearlman: RT @RonReuven @ppearlman no one understands all of $AIG’s assets or businesslines, including most of $AIG Oct 02, 2012