I have said this many times in the past – the best way to create wealth is to spend time lavishly in searching for a good ‘adviser’. Clearly he should be compensated as a %age of your NET WORTH so that you are both playing the same game. Increase in your networth. Instead of this […]

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This is the headline that Jonathan Weil used in his article in Bloomberg. You must read the full article. Here is a summary: Freddie had accumulated $ 34.3 billion (yes Billion) of paper losses, but excluded them from calculation of regulatory capital. All Freddie had to do was say the losses were “temporary” and they […]

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