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Author: namkato Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 457186  
Subject: Re: Attn: Class - Time for Review Date: 2/24/2013 4:02 PM
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Given that the markets appear to believe that systemic risk, the TBTF banks, regulation of derivatives, Wall Street reform, and moral hazard all have been "satisfactorily resolved," perhaps a review is not necessary. However...

For those who would like to assess and improve their knowledge of the financial crisis in advance of the next "test" they are likely to face, I recommend a review of the following well-made films, which together present a clear picture of the crisis and should help the Investor Class to assess what they should have learned:
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Translation: those of you who are way under invested get an A and those of us who have remained 100% all in for the ride to new highs get an F.

The Glass Is Only Half Full types will ALWAYS overemphasize the negatives and under emphasize the positives. That is the secret sauce of the well known doom & gloom talking heads that get all the attention on Metar. They are appealing to the EXACT same human attribute that all news editors know well: Bad News Sells.

All of your A students can wait until the Editors can't find any more bad news to print. Then you can ring a bell and announce, "The coast is clear now!" They can be the typical retail investor who buys in at the top and sells during max pessimism.

Maybe there should be a class that teaches how to objectively weigh competing and contrasting factors in the decision making process.
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