Sorted Weekly Tweets

US Government Shutdown


  • To Lead Is to Negotiate Elements of an interview w/James Baker describing Reagan the pragmatic dealmaker $$ Oct 04, 2013
  • Pig Sales Fly Blind as Data Cut by Shutdown Hampers Firms Guess what? That’s the way most markets operate $$ Oct 04, 2013
  • Troops Forage for Food While Golfers Play On in Shutdown “the appropriations process has completely failed” $$ Oct 04, 2013
  • Obama Rewrites Debt-Limit History D&R Congresses have used the borrowing limit as political leverage w/a president $$ Oct 04, 2013
  • US banks fearing default stock up on cash If money markets freeze, currency will be needed to mediate exchange $$ Oct 04, 2013
  • Loose monetary policy needed to counter Washington gridlock: Fed officials Fed enables intransigence of congress $$ Oct 04, 2013
  • Republicans Are No Longer the Party of Business Case not proven; as if the Democrats think of any biz but big biz $$ Oct 04, 2013
  • Frustrated Republicans Pressure Boehner to End Shutdown Likely endgame: Democrats & liberal GOP ally in House $$ Oct 03, 2013
  • US Stocks Rise as Investors See Limited Shutdown Impact Will they say the same thing today off neg mkt action? $$ Oct 02, 2013
  • Behind the Noise, Entitlement Reform This is the elephant in the room; the economic problem behind all the rest $$ Oct 02, 2013
  • More Than 800,000 Federal Workers Are Furloughed Oddly, this helps point out what true priorities of the govt r $$ Oct 01, 2013
  • In Government Shutdown, Few Parallels With Most Recent One Maybe shutdown is an alternative mode of running govt? $$ Oct 01, 2013


Companies & Industries


  • Twitter Look-Alike Ticker Triggers 684% Advance in Penny Stock Big difference btw Twitter $TWTR & Tweeter $TWTRQ $$ Oct 04, 2013
  • Mars Repays $4.4B of Berkshire Bonds Tied to Wrigley Deal Now Buffett has tough job of redeploying capital $$ #cash Oct 04, 2013
  • Twitter Sends Different Message Than Facebook in Filing 32 pages of risk factors, no classified stock, refreshing $$ Oct 04, 2013
  • Blackstone Opens Europe Spigot as Distressed Deals Surge As EU banks get reasonable, $BX sees opportunity 4 deals $$ Oct 04, 2013
  • Alcoa on “low risk financiers” and parallel metal markets With low interest rates, cheaper to store metal $$ Oct 03, 2013
  • Beanie Baby Creator Pleads Guilty to Swiss Bank Tax Dodge He’ll make up the $$ w/a line of Ty the Jailbird dolls Oct 03, 2013
  • We Are Googling the New York Times to Death Use Google 2get free access to the $NYT – broken media revenue model $$ Oct 02, 2013
  • OGX Upheaval Portends Deeper Bond Loss for Pimco BK is tough on creditors in Brazil; long process, low recoveries $$ Oct 02, 2013
  • How BlackBerry blew it:The inside story Long article as $BBRY focuses on core biz, misses threat from new entrants $$ Oct 01, 2013
  • Schwarzman Says Selling BlackRock Was ‘Heroic’ Mistake Missed out on 79%/yr returns compounded over 19 years! $$ $BLK Oct 01, 2013
  • BlackBerry Rare Breakup Fee Seen Deterring Bids Watsa gets a free look, while others effectively locked out $$ $BBRY Oct 01, 2013
  • Why Anglo American Walked Away From Pebble Mine Gold Deposit Interesting, but only speculations on y $AAUKY left $$ Oct 01, 2013
  • Commodities ‘Super Cycle’ Is Seen Enduring by McKinsey Marginal costs keep rising as lower costs ores deplete $$ Oct 01, 2013
  • Storage Wars Seize Metals Market Aiming 2end games that lock up metal in storage as collateral for loans, I think $$ Oct 01, 2013
  • Falcone’s Funds Sell Harbinger Group Shares to Leucadia $HRG funds sell shares 2 $LUK @ a 20% discount 2 mkt price $$ Oct 01, 2013
  • Of course $LUK has 2 hold onto the shares 4 a while, but still that’s a pretty stiff price 2 pay 4 liquidity $$ $HRG Oct 01, 2013


Finance, Pensions, Etc.


  • More Than 5,000 Stockbrokers From Expelled Firms Still Selling Securities Don’t buy what someone wants 2 sell 2u $$ Oct 04, 2013
  • How to Look Under a Hedge Fund’s Hood There’s more 2ask than this, but these 7 questions r a good start $$ Oct 04, 2013
  • Hedge Funds Used Obscure Bond Bet to Win in GM Bankruptcy They did hard work with their brains, & won $$ #distressed Oct 04, 2013
  • 8 Incredible Shares On StockTwits About Hedge Fund Market Wizard Ray Dalio I added two more resources $$ Oct 04, 2013
  • Time to Ditch the Yale Endowment Model Similar to an article I wrote 4 years ago $$ @M_C_Klein Oct 04, 2013
  • S&P 500 Pension Status Continues to Improve in September Rising prices for risky assets & more contributions help $$ Oct 03, 2013
  • Peak-population investing Demographics affect inflation – goods inflation w/many young asset inflation w/many old $$ Oct 03, 2013
  • 10 Terms Investment Pros Use to Raise Money @Reformedbroker Points @ 10 buzzwords w/fuzzy meanings & little truth $$ Oct 02, 2013
  • Option-Selling Is Not Income Well written,& it needs 2b said. Option “income” vs capital losses & opportunity costs $$ Oct 02, 2013
  • Eric Schneiderman, Wall Street Time-Machine Sheriff Dig deep enough in2 any multiparty trnsctn & u will find dirt $$ Oct 02, 2013
  • In multiparty transactions, u have 2b careful. Who has more info than u? How r incentives aligned? Y r u lucky one invited 2play w/them? $$ Oct 02, 2013
  • Student-Loan Straitjacket They should look at income-based repayment plans; in many cases they would pay far less $$ Oct 02, 2013
  • Fab Tourre Wants Another Chance to Explain Did Tourre withhold mind-chging information deal players were entitled2 $$ Oct 02, 2013
  • Inter-dealer brokers’ inside information @FelixSalmon What is fraud vs making/arbing a mkt? $$ Oct 02, 2013
  • Top 20 Films about Finance: From Crisis to Con Men I added on the film “The Billion Dollar Bubble” Equity Funding $$ Oct 01, 2013
  • Gibraltar Seen as Europe-Beater for Finance Professionals Perhaps more money per hectare than any other place $$ Oct 01, 2013
  • Commodity Trader Didn’t Really Believe in Market Prices Citi mismarked illiquid exchange-traded ethanol contracts $$ Oct 01, 2013
  • This Sociological Theory Explains Why Wall Street Is Rigged 4 Crisis Technological efficient w/odd feedback loops $$ Oct 01, 2013


PPACA / Obamacare


  • Overwhelming Demand 4 Obamacare Shows Potential Success Success?? Show you what happened 2me Oct 04, 2013
  • How ObamaCare Wrecks the Work Ethic Saw this a month ago, subsidies raise marginal tax rates 4 lower middle class $$ Oct 03, 2013
  • The Republicans Fighting Obamacare Aren’t Crazy PPACA *can* b repealed, but would take a GOP swing in 2016 2do it $$ Oct 01, 2013
  • Why must the American people suffer when even so many Democrats don’t want Obamacare? Congress exempts itself $$ Sep 28, 2013


Civil Liberties in Cyberspace


  • NSA chief admits misleading numbers, adds to Obama administration blunders Politicians overstate metadata value $$ Oct 04, 2013
  • NSA Involvement in NIST Encryption Standards Could Make Companies Less Competitive Does NSA demand backdoors? $$ Oct 03, 2013
  • On NSA’s encryption defeating efforts: Trust no 1 Big companies r in cahoots w/NSA, can’t b trusted, r lying 2us $$ Oct 02, 2013
  • NSA Gathers Data on Social Connections of U.S. Citizens The NSA endangers our civil liberties; we need to end it $$ Sep 30, 2013


Monetary Policy


  • Will Unconventional Monetary Policy Be the New Normal? Fed is hopeless; they don’t get they r inflating assets $$ Oct 04, 2013
  • Aluminum Prices: Blame It on the Fed Low interest rates lead to loans collateralized by aluminum $$ Oct 03, 2013
  • Don’t Cry for Me, Ben Bernanke Developing Countries should get ready for the eventual Fed tightening, if they can $$ Oct 01, 2013




  • The Bailout That Never Came Bailout for homeowners was half-hearted at best; 4 banks it was a warm friendly hug $$ Oct 04, 2013
  • Banks abandon mortgage preapprovals Makes the purchases of homes more complex b/c likelihood of financing down $$ Oct 03, 2013
  • Are Banks Forward-Looking in Their Loan Loss Provisioning? I would be more inclined to think it is a “cookie jar” $$ Oct 02, 2013
  • The JP Morgan apologists of CNBC Media often panders 2 power or they lose access to the powerful people $$ Oct 01, 2013




  • Duke to NYU Missteps Abroad Lead Colleges to Reassess Expansion Have 2 make sure of a good cultural fit first $$ Oct 04, 2013
  • Freak Grape-Razing Hail Crushes Burgundy Winemakers’ Dreams 2years of hailstorms destroy the prospects of vintners $$ Oct 04, 2013
  • Migrant Ship Sinks Off Italian Island, Killing Dozens Europe is Elysium 4 these migrants; US is the same 4 others $$ Oct 03, 2013
  • NFL Free-Agent Lawyer to Unlock $16B in NCAA Athletes Free student labor may disappear; may hit big programs hard $$ Oct 03, 2013
  • Moon walker demo lets wannabe astronauts feel 0.17G Cool. Could b used 4physical therapy after severe leg injuries $$ Oct 02, 2013
  • Educators in the art of life must have chance of their own Certain college depts survive on low paid p/t academics $$ Oct 02, 2013
  • Worried About Cancer? Get Married A man & a woman who get & stay married tend to take care of each other $$ #healthy Oct 01, 2013
  • Gangnam-Style Nip and Tuck Draws Tourists to Seoul’s Beauty Belt Plastic surgery becomes a tourist draw 2 Seoul $$ Oct 01, 2013


US Politics & Policy


  • Small town, big impact: Supreme Court case could define religion’s role in public Govt Ceremonial deism may end $$ Oct 04, 2013
  • Who Do You Believe: The White House and Wall Street — or the American People? Economic Confidence continues 2drop $$ Oct 03, 2013
  • Bankrupt Stockton Plan Favors Retirees Over Creditors Will b difficult 2get thru BK city, unless emplyee benes cut $$ Oct 01, 2013
  • ‘Strings Attached’ Co-Author Offers Solutions for Education I learned the most from teachers that were hard on me $$ Oct 01, 2013
  • Panel Finds Planes Can Handle Use of Electronic Devices At last, the bad science crumbles & freedom increases $$ Oct 01, 2013
  • The most predictable economic crisis? Implicitly, entitlement reform lies behind almost all our problems in DC $$ Oct 01, 2013
  • Why I Am Cancelling My Documentary on Hillary Clinton No openness from the Clintons dooms a documentary from CNN $$ Oct 01, 2013



Replies, Retweets & Comments


  • 2 all who follow me on Twitter, my account was hacked, & someone sent out a bunch of spam tweets & DMs that I would never send. My apologies Oct 01, 2013


  • @kltblom when the amount of range for premium variation is only three, it is not a workable system. Anti-selection will occur. Oct 05, 2013
  • @M_C_Klein I started out as an Asset-Liability Management actuary, and I have traded in illiquid securities, makes me think differently Oct 05, 2013
  • @kltblom Removed deduction for employer-paid healthcare. Encouraged HSAs, and try to move to predominantly first-party payer model Oct 05, 2013
  • @TheUncorrelated I willprobably write an article on this next week. Will sound like the one I cited b4 & like: Oct 05, 2013
  • @kltblom I’m an actuary; since the PPACA was proposed, the health actuaries I have talked with have said tht PPACA won’t work Oct 04, 2013
  • ‘ @JonathanWeil Say run rate EBITDA for 2013 is $50M. If Market Cap of $TWTR is $12B, that is an astounding EV/EBITDA of 240 $$ #nosebleed Oct 04, 2013
  • @_DM0_ I can confirm that, they have taken down the slides. Pity, quickest way to absorb the material Oct 04, 2013
  • @Kitsune808 It is not infrequent that @BloombergNews Headlines are misleading, or quirky. They march to the beat of a different drummer Oct 04, 2013
  • @PlanMaestro I know, but given attention to the video, I thought I would show the PDF that better fleshes out his position. and the slides Oct 04, 2013
  • Thanks @onlineawards @TightTalk @valuetakes for being top new followers in my community this week (insight via Oct 04, 2013
  • “”Spain’s public debt in 2014 is expected to be the equivalent of 98.9 percent of total economic…” — David_Merkel $$ Oct 04, 2013
  • “Two more: 9) And for those that want to read Ray Dalio’s economic template book, it is free here:” — David_Merkel $$ Oct 04, 2013
  • @ToddSullivan A computer could do it anywhere by minimizing the distance of internal boundaries subject to equal popoulations. Not hard. Oct 04, 2013
  • @ToddSullivan We need structural reform 2 end that given gerrymandered districts. A lot of people want change, but districts not competitive Oct 04, 2013
  • @kltblom If PPACA were mere risk pooling, I might agree. It is a messy ugly law that ignores basic actuarial principles & will not work well Oct 04, 2013
  • @volatilitysmile They give us different pieces of the puzzle (insight by Oct 04, 2013
  • #FollowFriday Thanks @ReformedBroker @pelias01 @researchpuzzler for being top influencers in my community this week 🙂 Oct 04, 2013
  • @ReformedBroker The Baby Boomers gray, and money socked away, let finance guys play, make dough every day. Thus so many wealthy $$ managers. Oct 04, 2013
  • Thanks @ToddSullivan @ReformedBroker for being top engaged members in my community this week (insight via Oct 03, 2013
  • Thanks @TightTalk @BabyFreshNuggz @X9T_Trading for being top new followers in my community this week (insight via Oct 01, 2013
  • Thanks @moneyscience @TopInvestBlogs for being top engaged members in my community this week (insight via Sep 30, 2013
  • @RexHuppke You are a real man, unlike many today. You may be stupid, but at least you are taking action, rather than compromising w/losers Sep 28, 2013