I can’t quite shake this feeling that what is going on with Goldman Sachs and the SEC is really just another tactic employed by those who have ulterior motives.
One of the first rules I learned when I first began trading and investing is that if a stock was to go down 50% from where I bought it, in order to break even, it would have to go up 100% in order to breakeven on the stock.
Using a little tongue-in-cheek humor to make a broader point is something Mish is great at. An enjoyable read with just the right mix of humor and reality.
