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Saturday, May 1, 2010

Week in Review: Investor Insurance Market and Dangerous Populist Mob Irrationality (PODCAST)

"Passion is the mob of the man, that commits a riot upon his reason" - William Penn

Welcome to the Week in Review!

Woah. Do I have a lot to get through in the following podcast, that discusses the occurrences, happenings and news events occurring around the Capital markets. We can discuss the oil spill in the Gulf of Mexico and what to do if you are a BP investor to protect yourself; when things go bad wrong when you are an investor in a particular company. We discuss the capital markets. And we discuss a little "alleged" letter being circulated on "Wall Streeter".

So let's 'get er' done' in the following podcast ...

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)

Click here to download this podcast.

This is the piece over at Joshua Browns "Reformed Broker" blog that I refer to in the podcast. Take a look through the comment section.

Here is the link to the blog entry that I wrote on the "Real Recession" on April 4, 2008, and the accompanying video ...

Here is the link to the entry that I wrote on the "Philosophical Reasons Behind the Challenge Project", and the accompanying video ...

Now after that? Read through some of the comments in Joshua Brown's blog entry. Listen to the comments on the part of senators who are grilling Goldman Sachs (GS).

Seriously. That's what I find of cause for concern. The populist, maddened, irrational "mob mentality". Few things in mankinds' history, have proven more destructive.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have over 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.


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