Fascinating interview with Sy Jacobs.
Since several different trading desks have emailed me this, I am reposting it here: Download interview_with_sy_jacobs.pdf
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Go get a Barron’s subscription ya cheap bastards!
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Source:
Where the Financial Crisis Is Headed Next
Interview With Sy Jacobs, Founder, JAM Asset Management
LAWRENCE C. STRAUSS
Barron’s May 26, 2008
http://online.barrons.com/article/SB121158262532418595.html
Apparently, not all ‘financials’ are created equal. His opinion of some specialty players was fascinating while his Wells Fargo take on their HELOC exposure was eye-opening. Wonder how he feels about Wachovia, Merrill and C? Good interview. Read between the lines. He’s not purely bearish.
why?
Thanks for posting the interview. Yes, I’m a cheap bastard, but at least I feel better for not supporting a Rupert Murdoch subsidiary. For the record, I did subscribe in the pre-Murdoch era.
Thanks for posting the interview. Yes, I’m a cheap bastard, but at least I feel better for not supporting a Rupert Murdoch subsidiary. For the record, I did subscribe in the pre-Murdoch era.
Cheap hell. This is a consumer economy. Some things get cut, and Barron’s is not immune.
My loyalty to the memory of Charlie Allen, prohibits me from contributing a single nickel to that rag.
Just kidding, Alan Abelson cost me more money in one day, than my entire year of shorting S&Ps in 2006. It was called Avacare (Carrinton Labs). That dirty bastard…..! :-)
I’m still pissed…..
Best regards,
Econolicious