Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading in a world on a social media dopamine binge, from GHOST RANCH on the Yellowstone River in MT, TN estate, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Play by my rules. Always been, 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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment