It’s that exciting time again when Fannie Mae tells us just how much they suck.
Hold……
FIVE billion!
Ugh. F@#k. Toow (Woot in reverse). Doink. Kapow!
Fannie Mae is relentless in their ability to suck. They have managed to tarnish the word ‘failure’.
In 2008, the Dow would open at Zero tomorrow.
The reality is, the world is not ready to end and Fannie Mae is a backseat to Italy and Greece. The reality is Greece and Italy will be a backseat to _______ in 6 months.
The reality is the Nasdaq is at 10 year highs and Marc Andreesen’s forhead is 3 inches longer.
Silicon Valley continues to scale because ‘ideas‘ are being socialized, financed and leveraged globally.
Wall Street continues to go backwards because ‘opinion’s‘ are being leveraged by the few and losses socialized by the many.
The trade continues to be long Silicon Valley and short Wall Street until this changes…and/or long Gold I guess :) .
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
View the discussion thread.blog comments powered by DisqusBorn in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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FIVE billion!
Ugh. F@#k. Toow (Woot in reverse). Doink. Kapow!
Fannie Mae is relentless in their ability to suck. They have managed to tarnish the word ‘failure’.
In 2008, the Dow would open at Zero tomorrow.
The reality is, the world is not ready to end and Fannie Mae is a backseat to Italy and Greece. The reality is Greece and Italy will be a backseat to _______ in 6 months.
The reality is the Nasdaq is at 10 year highs and Marc Andreesen’s forhead is 3 inches longer.
Silicon Valley continues to scale because ‘ideas‘ are being socialized, financed and leveraged globally.
Wall Street continues to go backwards because ‘opinion’s‘ are being leveraged by the few and losses socialized by the many.
The trade continues to be long Silicon Valley and short Wall Street until this changes…and/or long Gold I guess :) .
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.
In partnership with Part of the CNN Network
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