Subprime Mess

This guy made like $4 billion shorting the subprime mortgages. Makes me kick myself... I saw exactly what was going to happen years ago, and it happened exactly as I predicted, but I didn't make a dime off of it.

If I'd known how to short subprime I might have been able to. That was a big roadblock. I still don't know how you short a market like that. You can't sell a mortgage short. Or maybe you can. I don't know.

I guess even if I had the money to have invested in this I probably still wouldn't have made a dime as I still don't know how you go about doing that, but I did have the idea. And seeing that other people made billions of dollars by thinking the same thing I did while I made $0 is just annoying.

Random crap

British satire about i-bankers. Worth watching:



Finally, someone takes my feelings on Guitar Hero seriously. Why spent so much time learning to push buttons when you could easily learn to really play guitar in the same amount of time?

Why East Coast VCs are notably missing from the Midas list.

Who has money to throw around in the tech industry.