Paul Kedrosky's Infectious Greed
Finance & The Money Culture
Cover of current Economist magazine is faux Facebook page. Clever.
A fistful of dollars for GS as well!
Now that its official that facebook is going public. Now facebook may be a really great company but that does not mean that the stock is a great buy when it does go public. Everybody's uncles uncles believes facebook will be the next google what does that tell you.
Fun prediction: Market will print a 9 month high within 3 days of FB IPO. I'm thinking that retail investor and media frenzy is a 'bell ringer'.
Paul Kedrosky‘s Infectious Greed
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