If you had short AOL at 100 times earnings which would be overvalued by Bruce's standards, you would have watched it go to 700 times earnings while you are short, making your account most likely insolvent.
@ImAWiseguy123 it means that you started with 100% -> down 50 -> 50% -> up 50 -> now you are at 75% (because 50% * 1.50 = 75%). I think he meant to say it's down *to* 75
This guy has some really great points. Some people call themselves value investors, but they're really not.
greenwald is an epic legend
A trick : watch movies at Flixzone. Been using them for watching loads of movies these days.
Damn bird
The assumption is made that short sellers only short sell, and that they don't go long as well, which is wrong.
If you had short AOL at 100 times earnings which would be overvalued by Bruce's standards, you would have watched it go to 700 times earnings while you are short, making your account most likely insolvent.
@ImAWiseguy123
it means that you started with 100% -> down 50 -> 50% -> up 50 -> now you are at 75% (because 50% * 1.50 = 75%).
I think he meant to say it's down *to* 75
what are these chirping sounds?
I thought it was my speakers, but if you go to 4:00 you can tell it's part of the video.
maybe its a bird
Thanks for posting. Any ideas for where I can get the rest of this?
Is there another part to this interview? Cuts off mid sentence at the end
Can someone explain how he used 'fee' to explain the inefficiency of markets?
What is the chirping sound?
Birds agree with him
whats with the squeaking noises?
"When markets have gone crazy" Like today!
Hey bud
he didnt say anything about the balance sheet
test