I’ve been posting way too little but…
There’s a reason. Not an excuse, a reason. Soon enough I’ll have a data set that will shine the light into the darkest corners in a way that’s never been. But as I’ve been working with others to code the toughest aggregation project I’ve ever worked on I haven’t forgotten about my readers, or my writing, and I’ll be out of hibernation — both here and on nakedcapitalism — soon enough.
Until then here’s a quote from Steve Jobs that’s keeping me going:
“Time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma, which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own voice. And, most important, have the courage to follow your heart and intuition; they somehow truly already know what we want to perform. Everything else is second.. Stay hungry. Stay foolish. I’ve always wished that for myself, and now I wish that for you. Stay hungry. Stay foolish.”
For those looking for more pragmatic advice on the markets check out any entity that has exposure to bubble-era AAA-rated sub-prime MBA tranches. Then short the crap out of them, or at least get out. You wouldn’t believe what I’m seeing as the data rolls in .. unless, of course, you would.