We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
Practical Views on Money
Nice interview here with a great short seller.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
Comments are closed.
Onlooker
Interesting. He was very understated on the market. I expected more negative sentiment on the rally, but I suppose he didn’t want to appear to be just talking his book like everybody else that appears on CNBC (and elsewhere).
Another thing that caught my ear is the comment by the CNBC numb skulls on prime mortgage reserves. “Do you really think we need to worry about prime?” They were baffled by the prime reqts of JPM, which are probably insufficient. Some reporters they are (I know, I know). They still think it’s just a subprime problem that’s going to pass soon.
If they’d just take some lessons from the brains in the blogosphere (Mish, Dr. Housing Bubble, and you TPC, among many others) they might have a clue. They still don’t understand (or are in deep denial like most of the rest of the country) this thing. They refuse to acknowledge the structural problems and moreover the debt deflation that is driving the show here. Unbelievable.