10/8/08
This credit situation is like an STD
Who ever you sleep with—you are sleeping with everyone they ever slept with—(which you cannot know unless you wait and deconstruct the web).
Be careful of the company you keep (both under your mattress and in your bed).
10/10/08
Regulation is good.
Non regulation is bad:
Look what it does for the toddler
And for the teenager.
10/14/08
Meantime how about the guys who made the mess trying to sell us back the mess? All this pitch on structured notes.
Also: LS as an asset class (Life Settlement) The football pool on who will die first. At the other end of the pay to play there table (what They call this idea) is a pool you can participate in that trades horse sperm.
The Pitch: “Everyone Dies”
The Pitch: “Every Horse has Sex”
6/22/09
When the nutrients become more important than the food then you need experts to tell you how to eat (Michael Pollan)
Like church, or religion, someone is there to tell you about the invisible, the mystery– as when you take nutrients out of food, it becomes theological/ godlike.
We act as if we believe we evolved to make good use of what the world has given us.
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