FINTAG COMMENT I have got a headache. Another day passes when the long tails got fat again and volatility made it impossible for most of us to ride. US confidence is at its lowest ever and the DOW shoots up into double digits. The Porsche trade (was it legal? Does it contravene EU law? How did they build up a stake so large?) was the talk of the day and some of us hedgies, desperate to end October with a positive return will have lost a lot of money. Automobile making is not a recession proof i
Wednesday, 29 October 2008
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