financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Buy on mystery, sell on history

January 26th, 2005 by InLibrisLibertas

Lots of folks betting on a positive outcome for Sunday’s election in Iraq - probably on the theory that no matter what actually happens, at least initially it will be reported as a success in the US press and spun positively by the administration. Then the truth will dribble out through the foreign press. This is completely in accordance with the usual pattern of these things, as summed up in the headline traditional market adage.

Posted in Truth and Trivia |

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