長期資本管理

raytzo

Long Term Capital Management!

any brothers remember this LTCM and have comments
or compared with this round crisis

similar hudge fund use fixed income arbitrage (bonds vs carried trade)
us govt and big name rescure.

waht's the followings can get some hint?

Touch

原帖由 raytzo 於 2007-8-18 12:09 PM 發表
Long Term Capital Management!

any brothers remember this LTCM and have comments
or compared with this round crisis

similar hudge fund use fixed income arbitrage (bonds vs carried trade)
u ...

will you please indicate more details, Thanks!!!

raytzo

so happy that a big brother wrote a long passage to point out some hidden issue.
i also saw some news about some big name may sue the rating company as some
conflict of interest incurred. (not fair, not objective but subjective to $)  

Just as my last post, where is the money come from, a chain reaction may occur as
brothers said in a worse situation, as we know that the hot money over flow already pull
the equity price to an unreasonable (unacceptable) level, once no further new money to
sustain that crazy level, ....... 戲院失火....... people are not die being burn but step over.

carried trade is just a term and which already run for many years ago, people trade
DEM/JPY in my period of time.   

PS> For your JPY position, i do agree that the target should be 110 psychology level,
but bearing in mind that, let some room for others, "Pay safe, play save"

Touch

原帖由 raytzo 於 2007-8-19 09:36 PM 發表
so happy that a big brother wrote a long passage to point out some hidden issue.
i also saw some news about some big name may sue the rating company as some
conflict of interest incurred. (not ...

Great!!!


“let some room for others”and more room for oneself, right?
   Point taken! Thanks really again, buddy!!