AlphaMetrix has been in a downward spiral since announcing on Oct. 10 that it was experiencing “significant cash flow issues” in a letter to its commodity pool participants signed by President and CEO Aleks Kins.
How about those traders so faithful of the futures industry that they left millions in their MF Global account because they though the guarantee of segregation was safer than the limited FDIC guarantee?
Warren Buffett is known for his quote, “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.” It has been cited so many times by so many people that you would think its underlying logic would be ingrained into the U.S. investors’ psyche but markets are irrational because people are irrational
When a story comes out that is so slanted, so obviously part of an agenda — it is hard to know where to begin in responding to it. First off, let’s point out the obvious, Bloomberg Magazine appears to have reached a conclusion before this story was written.