Critters of a Feather
"You ever see that Willis/ Sam Jackson movie, 'Unbreakable', Rodg?"
Minyanville Mail-Bag: Bids of a Feather or Evil Twins?
It's such a cliche' that my fingers start to cramp just trying to touch-type it, but the best thing about Proff'ing at the Ville is getting to know the Minyans. A pair of Bay Area would-be rivals bonded over the topic of Governmental manipulation in our financial markets ("it's just like being in Thailand!")
I wanted to share a note from frequent value-adding emailer, Minyan Rodg in demonstration of the community:
In the spirit of happy hour, I thought I'd share something on the
It's interesting how we've come to a very similar set of ideas on the markets. In a lot of ways we are polar opposites.
You work in the West Bay, running your own asset management firm in San Francisco.
I work in the East Bay, as a 1st grade teacher in the Oakland Public Schools, and manage the family portfolio.
You did your undergrad at an elite Ivy league School.
I got my BA in Psychology at UC Berkeley.
You got your business degree from Stanford.
I got my teaching credential through a fly-by-night evening program.
You work long hours, travel a lot on business and miss your family often.
I'm taking my second year off out of the past three (to trade stocks and play with my two adopted preschoolers), go on a lot of family vacations, and often need a break from the wife and kids.
You like making snarky comments on TV.
I like posting conspiracy theories on stock message boards.
Have a great weekend,
You know, Rodg, I see a lot more similarities than differences, so far (we're both psych majors and don't poor-mouth UC, bub). Let me run through other things I believe, just to see how well we really synch up:
I believe that there are ugly "truths" hiding in plain sight, just waiting to "shock" the markets like the S&P downgrades of GM and Ford last week. Among these are the facts that the authorities can effectively create "financial scandals" when and wherever they so choose. Prosecuting for "Earnings smoothing" is like dropping the national speed limit to 50MPH then going after the speeders... from last year.
Charlie Gasparino formerly of the WSJ is one of the few main-stream guys to be raising a fuss about the obvious, naked, conflicts of interest and "smell" of the NYSE seemingly siccing Elliot Spitzer on Grasso. Other reporters will be joining him, at which point we will be "shocked" anew.
In the meantime, there will be new Villians everytime it's politically expedient for some earnest agent/ AG/ DA to produce one.
I believe that a better world would have given Dennis Quaid the career and money of Kevin Costner. Dances With Wolves beating Goodfellas for both Best Picture and Best Director pretty much reduced Oscars to Grammy-level.
I believe this column is running late... I will list more beliefs in the morning...
To be Continued...
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