Flashbacks

Today's trading is giving me flashbacks to Charles Prince's famous quote, "But as long as the music is playing, you've got to get up and dance". That is essentially what market participants are saying. I sure hope those buying have better luck than Chuck did. Have a good night.

4 comments:

Anonymous said...

Didn't Chuck get a 300 million goodbye kiss?

Praguer

Tsachy Mishal said...

Sad but true. Im sure hes not starving even though Citigroup shareholders will never see their $50 again.

Tsachy Mishal said...

Lucky for Chuck he wasn't on the hook for his bad bets. Unfortunately most readers are on the hook for their bad trades.

Anonymous said...

David Tepper took home a billion dollars last year for being correct about the government's magical power to pretend. Tepper can now afford to lose all of his investors' money, even if it means he doesn't get carried interest this year.