John Aziz
John Aziz is a 24 years old writer, college dropout, and ex-trader.
His subject interests include global macro, black swan theory, sustainability, geopolitics, and the philosophy of economics.
He is on Twitter @azizonomics
Website URL: http://azizonomics.com
What is there to say about Facebook?
Why would anyone buy a company's stock when they have no real profit pedigree? When their advertising profit in 2011 came to just over $1 billion, and their book value is the region of $100 billion, how can that really make any sense other than to the kind of nutcase zombie trader who takes Jim Cramer seriously?
Why would anyone buy a company's stock when they have no real profit pedigree? When their advertising profit in 2011 came to just over $1 billion, and their book value is the region of $100 billion, how can that really make any sense other than to the kind of nutcase zombie trader who takes Jim Cramer seriously?
Tyler Durden pointed out yesterday that just three weeks after Goldman made the case for equities relative to bonds, the muppets who had listened to their advice were getting skewered.
This chart tells millions of stories. I’m trying to get my head around its implications.
A couple of days ago, Zero Hedge reported that a lot of student loans are delinquent: As many as 27% of all student loan borrowers are more than 30 days past due.
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