Search results

  1. Greece: A History of Financial Disaster

    Dionysius the Elder, a ruler in ancient Greece, ran up massive debts to pay for his multiple military campaigns. His solution? Change every drachma into two drachmas. Pulling money from nowhere to cover massive debts has seemed to be a monetary policy ...

    - Jul 26 2015 - 1:00am - 30 comments

  2. Investing in Greek Stocks and Winning

    As much as we all hear the Warren Buffett quote, "Be fearful when others are greedy and greedy when others are fearful", it's a really hard rule to follow. Listening to all the news about the trouble Greece's economy is in, I actually ...

    - Aug 18 2015 - 10:05pm - 7 comments

  3. Greece On a Road to Nowhere

    Well the inevitable has happened. Greece is unable to make its payment to International Monetary Fund on June 5th. Interior Minister Nikos Voutsis told privately owned television station Mega that Greece is scheduled to repay EUR1.6 billion ($1.76 billion ...

    - May 25 2015 - 3:49pm - 12 comments

  4. Grexit. What are your views? What are your firm's views?

    I for one think Grexit will happen, and we should already prepare for the worst. However, what do you think and even more importantly, what does your firm think? People say it has been priced in...but has it? People say there are firewalls, but how do you ...

    - May 29 2015 - 11:22am - 11 comments

  5. Eurozone Unemployment Tops 12%

    My kids are on spring break for the next couple weeks and I was walking them to the park yesterday afternoon when I was suddenly surrounded by riot cops and TV cameras. Admittedly I was looking down at my phone and not paying attention, but it was ...

    - Apr 30 2013 - 7:31am - 42 comments

  6. Are Greek ATMs Drachma Compatible?

     In the latest sign that a Greek exit from the Eurozone is all but imminent, global bank HSBC ran extensive tests on their ATM machines in Athens and throughout Greece in preparation for a return to the drachma. The tests were rigorous and were done to ...

    - Jun 4 2012 - 10:22am - 18 comments

  7. Grease Fire Spreading

    We have said so much about Greece that there's barely a point left to make. In spite of all the talking, however, I still have to ask how can you let it get to this? The question is intended at everyone from the Greek government and public, the ...

    - Nov 2 2011 - 12:17pm - 25 comments

  8. How Long Before Greece Leaves the Euro Zone?

    I find it ironic that a country which defrauded its way into the Euro Zone is likely to be the first country to exit the Euro Zone. Despite a raft of hasty denials by just about everyone in Brussels, it now seems all but inevitable that Greece will bail ...

    - May 10 2011 - 5:47am - 25 comments

  9. Is the Euro Kaput?

    I take no joy in the suffering of others. Then again, when you are a contrarian...grinning like the Cheshire Cat while winking I toldya so is about as satisfying as life can get. For many years now, well before it became the stuff of Wall Street Journal ...

    - Jul 2 2011 - 1:29pm - 18 comments

  10. Soros 3/4 in Cash

    Though he is not one of my favorite people in the industry it isn't really possible to doubt the investing acumen of George Soros. Over the years many have made a good bit of money in markets by simply mimicking his strategies. The most recent, ...

    - Jul 22 2011 - 12:45pm - 16 comments

Pages