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Goldman Sachs Call Of The Decade


Parsad

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Guest ValueCarl

What about, "The Call of 2010"?

 

I propose shorting AT&T as I envision their IPHONE business back firing on them-mass exodus including loss of contract after subsidizing it at losses beforehand-in addition to the wireless space being denigrated to their legacy copper landlines from the standpoint of voice heading to zero in favor of data including video and the corresponding capex for facilitating end user experiences in the wake of daunting competition.

 

Fools usually disagree with me, but that's what makes a horse race! imo

 

http://www.fool.com/investing/general/2009/12/31/prospecting-for-stocks-t.aspx     

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Apparently, Goldman Sachs call to buy BRIC economies was the call of the decade, but I would put either Prem's or Paulsen's call on the mortgage industry the call of the decade.  Cheers!

 

http://www.bloomberg.com/apps/news?pid=20601109&sid=adQVT5VaMAiE&pos=15

 

According to the NYT, GS could also be given the gold medal for its Mortgage Call:

http://www.nytimes.com/2009/12/24/business/24trading.html?_r=1

BTW, anyone know of any GS-FFH relations? (simliar to GS-Paulson mentioned therein)

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Apparently, Goldman Sachs call to buy BRIC economies was the call of the decade, but I would put either Prem's or Paulsen's call on the mortgage industry the call of the decade.  Cheers!

 

http://www.bloomberg.com/apps/news?pid=20601109&sid=adQVT5VaMAiE&pos=15

 

According to the NYT, GS could also be given the gold medal for its Mortgage Call:

http://www.nytimes.com/2009/12/24/business/24trading.html?_r=1

BTW, anyone know of any GS-FFH relations? (simliar to GS-Paulson mentioned therein)

 

 

Actually, GS was far from omniscient, but they deserve a gold medal for allowing diversity in their organization.  While one arm was guaranteeing toxic mortgages and covering these with CDS issued by AIG that

could have proved worthless without friends in high places, another arm started buying CDS from a variety of guarantors on cos most exposed to the looming mortgage crunch.

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I would say that the other call up there for "call of the decade", should be Buffett & Munger's warnings on derivatives as early as 2002.  Cheers!

 

I agree fully, the "call of the decade" was definitely Buffett and Mungers's  repetiive warnings about the derivatives as weapons of financial mass destruction in the early part of of the decade. And boy, fincancial destruction it was!

(Now we know why they kept their cash patiently and  deployed it with vigor only recently.)

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Apparently, Goldman Sachs call to buy BRIC economies was the call of the decade, but I would put either Prem's or Paulsen's call on the mortgage industry the call of the decade.  Cheers!

 

http://www.bloomberg.com/apps/news?pid=20601109&sid=adQVT5VaMAiE&pos=15

 

According to the NYT, GS could also be given the gold medal for its Mortgage Call:

http://www.nytimes.com/2009/12/24/business/24trading.html?_r=1

BTW, anyone know of any GS-FFH relations? (simliar to GS-Paulson mentioned therein)

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Many do not like his style (must be because of his bow tie  :)) but Jim Rogers' commodities call should rank right up there too and it may not be over yet.

 

His bullish China call and the short FNM/FRE/US financials call were not too bad either.

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