Monthly Archives: September 2008

In The Middle Of The Storm

Sept 16. 2008 Hans Lysglimt We are in the middle of the storm. We have been predicting this storm since November 2007, and now it is here. As we are mostly in cash and some put options in mostly banks we are riding this out just fine. If some of your cash positions have been […]

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Panic – The Storm Is Here

Sept. 15. 2008 Hans Lysglimt Ok, we will call this as the panic we have been predicting since November 2007. The storm is here. Lehman is gone. Merrill sold to Bank of America, for a song. AIG in big trouble. Washington Mutual about to tip over. There is clearly panic in certain parts of Wall […]

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Take Some Profits Now

Sept. 15 2008 Lehman is gone. Merrill sold to Bank of America, for a song. AIG in big trouble. Washington Mutual about to tip over. This is a good time to take some profits on your long maturity put options. If you have followed our advice you are holding some put options with long maturity […]

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Decapitalization – back to sanity

There is no established word for it, I will call it “decapitalization”. Not to decapitalize as in going from “A” to “a”. What I am talking about is decapitalization as opposed to capitalization. When you capitalize something. You take for example a future income stream of USD 100 000 per year in rent from a […]

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Relax more – and be profitable

Yesterday I happened to see one of those TV shows where a couple is starting a new restaurant. You get to follow their planning, setup and launch. Then they visit later to see about the success. Inevitably these projects seem to cost way to much money. It seems there is a mental block in people […]

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Norges Bank Investment Management NBIM

Yesterday we listened to Mr. Yngve Slyngstad who is the CEO of Norges Bank Investment Management, the wheicle that is managing the Norwegian USD 420 billion petroleum fund. Mr. Slyngstad has a unique task managing this amount of money. Mr. Slyngstad spoke in Norwegian at the Stockman prize symposium held by the Norwegian NFF organization. […]

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