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 WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, will always be, a relentless optimist with radical gratitude.
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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