Lahde is unusual, the one eyed man in the land of the blind actually doing well, unlike in the H.G. Wells story "Kingdom of the Blind".
I just hope he's enough out of the general fog to take his loot and leave California and all coasts, for by standard geology there will soon be earthquakes under ice of Greenland and West Antarctica sufficient to move megatons of the lightening glaciers into the waiting seas. (Summer of 2007 had first reported small ones under NW Greenland, and for this reason.) For more on subject, all based on mainstream sources, google "plushtown". For $1000 offer for refutation of my basic argument made several times last 2 years, google: plushtown $1000. No attempted takers so far.
More complicated is where he should go inland, i.e. what will happen when thermohaline system alters drastically, coupled with the brand new sun cycle, and what will happen with political/power systems.
plushtown (michael mcintyre)
of MA
@
Oct 25, 2008 08:35:33 AM
Kudos to both
Warren remains The Oracle. Know the market. Value-added investment. Strong cash flow. Low debt. Solid CEO. Buy when the Bear comes out. Hide when the Bull runs.
Lahde, sans the grass, makes a lot of sense. Can't abide by the dope discourse, but I see his point. He knew when to leave. He seems to know how to live.
And anybody who can slap the spit out of all those Andover-Harvard prima donnas can't be all bad.
Mark
of NY
@
Oct 23, 2008 02:08:34 AM
Your last paragraph, Mr. Shinkle...
shows what an ignoramus you and the rest of America are - regarding your DISregard of Hemp. Keep your head in the sand & follow the sheep...keep following....don't lose track of the bubble head fool in front of you....believe everything you are told by the most holiest of thou in our land - our government rulers!!!
TOTAL AND COMPLETE overhaul of our way of "doing business" across the board is EXACTLY what we need.
HOLLY
of FL
@
Oct 21, 2008 12:53:46 PM
Gobbledegoop aside
Warren Buffet keeps it simple: Buy low--sell high.
Stock prices are low. Maybe not at the ultimate bottom yet, maybe so. But they are low.
HillbillyBill
of TN
@
Oct 18, 2008 06:43:35 AM
Lahde does raise valid points and the US should address them. In particular, that the US government is in the pocket of corporate america. Also, people at the top earn ridiculously high wages compared to those on the ground. For instance CEO, are paid based on next quarter's earning, yet bonuses should be paid on how well the company does over say 5 or 10 years. In my mind most CEO's milk their companies.
But, one critisism of Lahde, is that too is a product of the get rich quick mentality that has plagued america. He is suggesting people quit their jobs and lie on the beach?. I bet the banker at Lehmans, thought who cares if the company goes bust, I got my huge bonues, I only want to work for a few years and retire young!
The next time bomb is climate change, I hope america rises to the challenge!
RK
@
Oct 17, 2008 21:41:46 PM
yeah, boohoo Lahde
the only reason he is bowing out is he can't guarantee ever again to make money and returns to his investors as before. He knows hedge funds are going to be forced to come under regulation, scrutiny, and transparency. All the other b.s. is simply that, because if he can't see there are a ton of U.S. companies sitting on more cash than their stock is worth, obviously needs to leave the market. Good riddance to him and these hedge funds.
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
plushtown (michael mcintyre) of MA @ Oct 25, 2008 08:35:33 AM
Mark of NY @ Oct 23, 2008 02:08:34 AM
HOLLY of FL @ Oct 21, 2008 12:53:46 PM
HillbillyBill of TN @ Oct 18, 2008 06:43:35 AM
RK @ Oct 17, 2008 21:41:46 PM
Tim of VA @ Oct 17, 2008 20:48:38 PM
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