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

Chris Grande June 9, 2009 Economics, Markets No Comments

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

About The Author

Chris Grande

Answer: NO

This material is provided for information only and is not intended as a recommendation or an offer or solicitation for financial planning advice and/or the purchase or sale of any security or financial instrument.

This material is not a complete analysis of all material facts respecting any law, tax rule, issuer, industry or security or of your investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base a financial or investment decision. Chris Grande and/or his clients may hold positions (long or short) in investments discussed. Please consult your own advisor before making any financial/investment decisions.

This disclaimer is not exhaustive. In other words, please think for yourself after reading my articles! And go to our Necessary Disclosures page for more information.

Like? Please Share:

Related Posts

About The Author

Chris Grande