Vad's Best Ideas

It is pretty amazing to be able to actually observe the laws of economics in real time. I think if I had an opportunity to dedicate enough time to economic research, I would set up my shop in Harare, hire a bunch of college GAs to collect data from all possible local sources and than would write a book on how to destroy the economy most efficiently.

I think Mr.Chavez should send some of his best officials over there to study the effects of the absurd economic policies in motion.
NY Times Article

P.S. I have used the opportunity to capture Bush-Bernanke bailout frenzy on Friday to reposition my portfolio and made it look a bit closer to what was originally intended.

I still think that overweighting at least one position to capture more Alpha in a relatively market neutral portfolio is a very sensible strategy. It worked for me well so far with NFI, LEND and DFR. So I doubled my stake in CHNG last week as a I think that private placement sell-off was overdone.

Cheers and trade safe,
Vad

Comments: View Comments |  Tuesday September 4, 2007