Tuesday, January 23, 2007
Uh, can you say 'market top?'
Has hedge fund mania run its course? I think the publication last fall of Hedge Funds for Dummies was the kind of indicator one might expect at the top of a bubble. But if that wasn't enough, try this one on for size: Madeline Albright is starting her own hedge fund!
No fracking lie.
Students of financial markets should recognize these ominous signs. In my mind, this is reminiscent of Lou Dobbs leaving CNN in 1999 to start space.com (only to slink back in 2001 after the dot com bubble deflated). I predict Ms. Albright's hedge fund will have a shelf life no longer than Mr. Dobbs's career as an internet entrepreneur.
(H/T Dealbreaker).
No fracking lie.
Students of financial markets should recognize these ominous signs. In my mind, this is reminiscent of Lou Dobbs leaving CNN in 1999 to start space.com (only to slink back in 2001 after the dot com bubble deflated). I predict Ms. Albright's hedge fund will have a shelf life no longer than Mr. Dobbs's career as an internet entrepreneur.
(H/T Dealbreaker).
2 Comments:
By 
Purple Avenger, at
Tue Jan 23, 01:50:00 PM:
Q: How do you make a small fortune in the market?
A: Give Madeleine Albright a large one.
By 
, at
Tue Jan 23, 11:50:00 PM:
Since when is falling prices so bad we want to see gas go down to below a $1:00 a gallon
