Cyprus is now in the news, as it gets bailed out by the IMF, the ECB and the European Commission. Unfortunately, as a condition for the bailout, all bank deposits in Cyprus above 100,000 euros will pay 9.9% “one time” tax to pay for the bailout. Additionally, even deposits under 100,000 euros will pay a [...]

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A phenomenal Op-Ed by Michael Burry, “I Saw the Crisis Coming. Why Didn’t the Fed?” I have often wondered why nobody in Washington showed any interest in hearing exactly how I arrived at my conclusions that the housing bubble would burst when…

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David Einhorn’s speech at the Value Investing Congress. Great read, even in the tired but roaring bull market:

Einhorn Vic 2009 Speech
This post is written by Deepak Shenoy,
at The Indian Investor’…

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