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Forums - General - I don't trust Goldman or Morgan Stanley thread

As of this morning i sold my managed funds, its all gone. I dont trust whats happening in NY so i aint risking it. Anyone else get paranoid and got their money out today?



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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Most of my money isn't in financials. I don't like to invest in businesses I can't understand. Although I'm still getting hammered, the financials are dragging us all down.



cash is king

Gold is not looking good either.



I dunno about cash either, at least the US dollar. It seems to be worth less every day.



Nothing is, housing values are dropping along with everything else. I don't trust of it right now



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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I think it's time we began investing heavily in the underside of mattresses.



I'm a mod, come to me if there's mod'n to do. 

Chrizum is the best thing to happen to the internet, Period.

Serves me right for challenging his sales predictions!

Bet with dsisister44: Red Steel 2 will sell 1 million within it's first 365 days of sales.