Friday, June 27, 2008

Ready, set, go!!!

This will be my first post. My friends will be glad I have started a blog, so that I can stop clogging up their email boxes.

What will this be about? What is on my mind. I love medicine, politics, and economics, so the next few months will be fun.

In January of this year, I wrote a paper called "Big Trends of 2000" on the economy. I sent it to a few of my friends in the financial world. Six months later, hopefully someone made a little money from my suggestions.

Economics and the markets are not difficult if you study human nature. For example, last year, Circuit City was selling in the teens. Yet the housing crisis was in full swing. In addition, if you were not lazy, and checked the prices of big ticket items online, you could get almost anything cheaper-including S&H-than you could at Circuit City. Fast forward to today, and Circuit City is down to $3.32. Bear Sterns was at $120+ when the story broke that not only did two of their hedge funds go down, but another fund was being run by a guy who fancied drugs and young girls. Can you say no due diligence, and a stock that dropped to $10?

What does the future hold?

Stay tuned...

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