Tag Archives: investing

In-depth analysis on Credit Writedowns Pro. By Michael Pettis originally written on 31 Jul 2015 I plan to post a new entry very soon but before doing so I wanted to say a few things about the stock markets, which continue to be insane (but not unexpectedly so) and then repost a blog entry that is nearly five years old. By the time I published my latest (July 17) blog entry Beijing had managed to stop the panic with the use of what I called “brute force”, by which I meant that there was...

In-depth analysis on Credit Writedowns Pro. The Absolute Return Letter, July 2015 “In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg Greece on the brink A Greek, an Irishman and a Portuguese walk into a bar and order a drink. Who picks up the tab? A German . . . Months (years!) of upheaval in Greece have taught me one important lesson. Don’t take anything for granted in politics. The referendum scheduled for...

In-depth analysis on Credit Writedowns Pro. You are here: Markets » Are bond investors crying wolf? The Absolute Return Letter, June 2015 By Niels Jensen To me, consensus seems to be the process of abandoning all beliefs, principles, values and policies. So it is something in which no one believes and to which no one objects.” Margaret Thatcher Investment heavyweights challenge the consensus On a regular basis I challenge the consensus. It is part of my nature, I suppose, but it comes at...