Thank you for visiting my site. My goal is education and discussion provocation: to provide ideas, research, observations, and opinions (sometimes strong ones) that help you understand economics and finance from an angle that is not talked about often on TV or at the cocktail party. This site is also noncommercial. I will not solicit any of my subscribers in any way nor will my subscriber emails be made available to anyone else without their permission. Send me any thoughts or comments you have and enjoy!
Jun
09

Grant: “Do you know how good you have to be?”

By Chris Grande
Bookmark and Share

6.9.09

“Do you know how good you have to be to not make a mistake leveraged 20 to 1?”

Jim Grant commenting on Morgan Stanley being leveraged 40:1 before the credit markets crashed

This video is a good reflection on the credit crisis of last Fall. Here is Part 3 of a fun and informative interview with credit market genius Jim Grant:

Video

Enjoy!

Chris Grande

Leave a Comment