Tim Owensby on June 13th, 2007

Seems that more than a few hedge funds were betting against the sub-prime mortgage backed securities. I guess they forgot the options available to the underwriters…
http://www.realestatejournal.com/indinvestor/20070608-kelly.html
http://www.realestatejournal.com/indinvestor/20070613-kelly.html

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Tim Owensby on June 13th, 2007

Okay, besides that whole comparison to used car salesmen and such. I’m not really talking about the image, I’m talking about the reality.
Yesterday, I was talking to someone in a casual setting in a public place. They asked what I did for a living and I told them. I didn’t mention investing at all in [...]

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