Friday, February 3, 2012
Friday Humor: Waiting For "Magic" Is Now An Investing Strategy
It has long been known that under central planning "Hope" (that Bernanke sees the printer's shadow; that the economy implodes so Bernanke can print; that the economy surges so that Bernanke can still print; that Brian Sack fat fingers in a few million extra shares of NFLX, speaking of which the Fed's Other Assets are now $160 billion) is one of the dominant investment strategies. To this roster of unorthodox investment practices, we can now add magic. Because when analyzing the capital
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