Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
Wednesday, January 30, 2008
Hard to fathom but it's the Wall Street way.......
A company can report record profits and forecast strong future results and lose 30% or 40% of its value in minutes, but a house can sit for months with virtually no buyers and lose hardly any of its perceived "value" because it has a roof, a toilet, a garage and a plug-in for the flat screen.
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