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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Some gems from Mark Carney, Canada's Central Bank Chief, speaking today in Yellowknife, Northwest Territories:
"That which was symbiotic is now virulent"
"Financial institutions are global in life but national in death"
"Confidence growths at the rate that cononut trees grow, confidence drops like coconuts drop." (attributed to India's Montek Singh)
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