StupidEquityGuy

Recent Comments

  1. 1

    Pray that they don't just keep "Changing" the rules again and again... So now we have public company CEO caps coming in some form... Does this mean that private CEOs have to worry about being next? Is there going to be a cap and trade of all executive pay? ~SEG Anyone else noticing the increase in crazy ideas being leaked and trail ballooned for April 2nd?

  2. 2
    Posted 2009-03-17 01:48:08 on Dealbreaker Afterdark: Yep, We’re A Real Bank!

    @12, even worse... this is real. http://www.nytimes.com/2009/03/17/business/17wall.html?partner=rss&emc=rss Bailout for Bankers...

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    @32, I second your motion... ~SEG Kill the Zombies

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    Posted 2009-03-04 12:29:40 on Today’s Episode Of: Doomed!

    BHO needs to recall this Isoroku Yamamoto quote. "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve." And that giant is the working taxpayer.

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    Posted 2009-03-04 01:12:37 on Write-Offs: 03.03.09

    @ Sir Anal, I was serious about the job in the quality control side of the hard cider business if I build it. If we plant as many apple and pears as I think we might... we will have a need to test allot of "hard cider". lol Its a non tropical location and has a low density of population, but it has an air port and deep sea ocean fishing or river fishing locally. Think world famous wild salmon fishing, giant squid, and world class green bud... We have a retired airline pilot with 8000 hours or so, and helo pilot with about 1,000 hours of actual combat time in Iraq and Afghan, skipping the rest of his career time. I figured it was time to setup some non market based businesses. None of these individually are about survival ism but if you add up the combination of them, there is a pattern of preparing for a worse case and being able to adapt to it if its gets worse then one expects it will. Who knew in 1914 that all of the worlds stock markets would close for up to 5 months. Those kind of events have happened before, and only an idiot does not prepare for it to happen again in a world like today. Below is a quote from the Hoover Institute. "...Perhaps the most remarkable feature of the crisis of 1914 was the closure of the world’s major stock markets for up to five months. The Vienna market was the first to close, on July 27. By July 30 all the continental European exchanges had shut their doors. The next day, London and New York felt compelled to follow suit. Although a belated settlement day went smoothly on November 18, the London Stock Exchange did not reopen until January 4. Nothing like this had happened since its foundation in 1773. The New York market reopened for limited trading (bonds for cash only) on November 28, but unrestricted trading did not resume until April 1, 1915. Nor were stock markets the only ones to close in the crisis. Most U.S. commodity markets had to suspend trading, as did most European foreign-exchange markets. The London Royal Exchange, for example, remained closed until September 17. It seems likely that, had the markets not closed, the collapse in prices would have been as extreme as it would be in 1929, if not worse..." http://www.hoover.org/publications/digest/13866677.html

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    Posted 2009-02-26 12:06:11 on Currency Singularity

    I agree with Phobos, if it fails, sell the parts and move on... break them up and sell the factories... There is no room to subsidize failure in the US. Survival of the fittest includes failure of the weakest. That includes TBTF banks. ~SEG

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    Posted 2009-02-25 01:59:16 on Write-Offs: 02.24.09

    Total Gov DEBT on Inauguration Day, 20 JAN 2001: 5,706,174,969,873.86 Total Gov DEBT on Inauguration Day 20 JAN 2009: 10,626,877,048,913.08

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    Posted 2009-02-23 10:40:20 on Unfounded Rumor Of The Morning: HSBC

    Perry Capital LLC, the U.S.-based hedge-fund firm that helped finance Malcolm Glazer's purchase of the Manchester United soccer club, has offered to halve the performance fee on its $8.3 billion flagship portfolio, as some of the world's largest managers try to sweeten investors following their worst losses. http://online.wsj.com/article/SB123533896476443489.html

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    Posted 2009-02-23 00:18:20 on MWA: It’s Official

    Sir Anal, Classic... Peace, ~SEG

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    @35, I just laughed out loud... been awhile since I have seen that joke... That one was a classic... Having said that... I have said worse... way worse. ~SEG Life is imitating art at the moment, in a Mel Brooks format. I just keep waiting for the Presidential camera moment where we hear a classic line like... "... Where are the white woman..."

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    Posted 2009-02-19 22:44:01 on Write-Offs: 02.19.08

    H. R. 1068 To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program. http://thomas.loc.gov/home/gpoxmlc111/h1068_ih.xml

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    Posted 2009-02-19 11:31:41 on Two Words

    Chicago pitboys say enough of moral hazard http://www.cnbc.com/id/15840232?video=1039849853

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    Posted 2009-02-18 21:08:24 on Layoffs Watch ’09: BAC

    @25, depending on shop, most likely until tomorrow (after reading your post) at noon when a couple of code monkeys disable the CD/DVD drives from booting up in Bios on CD and only allow NIC based bootups based on server sent command. Does your system have biometric start up scans yet? Also, most workstation circa the era I was still Corp Am... had dual boot systems... there was a lower level you could jump to at the first login level and low and behold corp login data worked there with out the high level security. It was designed for the repair monkeys to use to test the system before returning to the cube farms. I quickly learned how to boot into that level of the computer to work from... ~SEG

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    Posted 2009-02-17 22:51:28 on There Goes The Neighborhood

    Perlen vor die Säue werfen

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    Posted 2009-02-17 21:31:45 on Write-Offs: 02.17.09

    I am still standing. Rumors of my death were slightly exaggerated. My shop is getting ready to launch a 3rd fund so I am a bit distracted. We survived 08 with positive gains and then promptly got a hair cut in January, so right now I am nursing my wounds and undigging my YTD number. We have some larger shops sniffing us to be a sub manager for them so there is daylight at the end of our tunnel. I hope the rest of you guys are surviving the storm out there. Peace, ~SEG

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    "She slapped me," the judge told police, according to the sources. "I put the ladder down. I slapped her. Then we started slapping each other back and forth."

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    I think a YouTubes type video that CNBC might run with at some point plugging Dealbreaker is the best idea so far. Chaz helps the cause and DB gets some free advertising. ~SEG

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    Posted 2009-01-10 03:37:06 on 2009: Year Of The Hedge Funds

    V.I.K., Grow up. Some secrets are not worth knowing. Even I gave up on the holy grail, and she gave me hint's. She kicked my ass at Chess, a game she hates, and only played to amuse me. She is human and real and does not need to be stalked. Let it go. Why can't you accept a mystery? Sometimes, they are good things. ~SEG FWIW, Stupid Equity was up double digits in 08, so while we didn't kill it like you, we did peg a positive year.

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    Posted 2008-11-07 11:00:02 on Dear Team Tontine

    Sir Anal, TY for the morning chuckle... ~SEG

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    Posted 2008-11-06 00:53:41 on Evening Wrap: Absence Of Recovery

    @48, Our dorms were a lot of fun, I was busted for jumping out of the upper decks, but that is another story... We had idiots who used their closet doors as wall plugs in the common showers, and with a lot of duck tape, they turned the showers into a giant swimming pool... Dumb fucks should have at least done it in the area where no one lived under them. These flocker's build their pool above the Resident Dean's home, on the first floor. Said Dean, an ex parole officer for LA County, was living under this new water pool, in a stick based dorm structure... Needless to say the Dean knew before the pool was full that dip-shits were loose in his dorm. Peace, ~SEG However, it must be said, he never caught me, he did once require me to sign out at what ever hour it was that I was sneaking out, gentleman's rules, in case I was injured. However he never audited my signature trail. I was never caught behind the girls dorm, no matter what the rumors say.