Market Bottoms Don't Feel This Good
- Written by Dan Ferris
- Wednesday, 03 December 2008
[Dan Ferris has been in Hong Kong speaking at an investor conference. As a long-time guest contributor here atThe Failure of Fannie and Freddie Is Only the Beginning
- Written by Dan Ferris
- Wednesday, 17 September 2008
"Screw the currency, screw the taxpayer, and keep the whole thing propped up."
If you're not fluent in Treasury-speak, you might not have picked this up from the documents detailing the Fannie Mae/Freddie Mac bailout. But after spending a lot of time studying the biggest financial disaster of our generation, I know that's what they say.
Add a commentSteve Sjuggerud: The Greatest Innovator in
- Written by Dan Ferris
- Sunday, 03 August 2008
Last week, I spoke with Bill Bonner, founder of Agora. Bill hired me a little over 10 years ago. He always remains above the fray, but passionate and insightful about what's going on in the world.
Add a commentWould You Buy Ford and GM?
- Written by Dan Ferris
- Saturday, 31 May 2008
Kirk Kerkorian can't get enough of a bad thing. He's offering to buy 20 million shares of Ford [NYSE:F] for $8.50. The stock trades for less than $7 today. Kerkorian's original offer said he could back out if the stock fell 10% or more below $8.20. Now he's taking that out and continues to offer $8.50.
Add a comment
What I Learned From a 5-Cent Box
- Written by Dan Ferris
- Friday, 21 March 2008
The "effect" is unmistakable.
Here's an example. In the 1990s, most deodorants came packaged in cardboard. Whether spray, roll-on, or solids, they always had a cardboard box around them.
You took the deodorant home, ripped off the cardboard, and threw it in the trash. As it turned out, you were throwing five cents in the trash, a necessary part of the cost of not wanting to smell bad.
Add a comment