We were there in June, 2008 and this our photo of the hotel entrance:
KSL is a private equity company that invests in travel and leisure businesses. See KSL CAPITAL PARTNERS CLOSES $2 BILLION PRIVATE EQUITY FUND.
Wednesday, May 30, 2012
KSL Capital Partners Buy Grove Park Inn Resort and Spa in North Carolina
KSL Capital Partners just acquired the historic Grove Park Inn Resort and Spa.
We were there in June, 2008 and this our photo of the hotel entrance:
KSL is a private equity company that invests in travel and leisure businesses. See KSL CAPITAL PARTNERS CLOSES $2 BILLION PRIVATE EQUITY FUND.
We were there in June, 2008 and this our photo of the hotel entrance:
KSL is a private equity company that invests in travel and leisure businesses. See KSL CAPITAL PARTNERS CLOSES $2 BILLION PRIVATE EQUITY FUND.
Monday, May 28, 2012
Credit Derivatives and a Sabaean Theft of the Oxen of the JPMorgan Jobses: Banking Laws and Legality: Time to Change the Rules of the Game?
The title to this posting applies to a highly informative article by Azam Ahmed at the New York Times on How Boaz Weinstein and Hedge Funds Outsmarted JPMorgan.
The market for credit derivatives has struck a "gambling" bank again.
Whatever the "croupier" regulators in Washington D.C. are doing about gambling with credit derivatives, it does not seem to be working.
Can keeping banks from "gambling" and keeping other "gamblers" from "counting financial cards" be that difficult?!
Or have we none smart enough in government to deal with the people they are supposed to regulate?
Maybe the government should hire some of the people who are MAKING billions to tell them how the system can outsmart those who are busy outsmarting the system. Why are all the top chess players on the private side of the equation?
On the other hand, we are very much in favor of wealth accumulating in the hands of those who understand wealth, and who know what to do with money, so perhaps this is just a battle for the survival of the fittest in financial circles.
But then again, what gain does the average citizen have from this, other than financial ups AND downs. Recessions are adjustments, nothing more.
After all, as a legal matter, all kinds of gambling can be prohibited by law, also financial gambling by banks and funds. Maybe also the government should hedge ITS bets!
But what then would be the cost of prohibition? Would the money all then run off to overseas gambling meccas? Perhaps.
Nevertheless, who says we have to play by traditional rules that always favor those who have deeply studied and best understand the game to be played, in which case the result of the game is determined by those same rules -- as John von Neumann game theory so aptly demonstrated.
It is perhaps time to change the rules and level the playing field -- again.
Pawn to King 5 to open the game!
That might bring things back to "square one".
Crossposted at LawPundit.
The market for credit derivatives has struck a "gambling" bank again.
Whatever the "croupier" regulators in Washington D.C. are doing about gambling with credit derivatives, it does not seem to be working.
Can keeping banks from "gambling" and keeping other "gamblers" from "counting financial cards" be that difficult?!
Or have we none smart enough in government to deal with the people they are supposed to regulate?
Maybe the government should hire some of the people who are MAKING billions to tell them how the system can outsmart those who are busy outsmarting the system. Why are all the top chess players on the private side of the equation?
On the other hand, we are very much in favor of wealth accumulating in the hands of those who understand wealth, and who know what to do with money, so perhaps this is just a battle for the survival of the fittest in financial circles.
But then again, what gain does the average citizen have from this, other than financial ups AND downs. Recessions are adjustments, nothing more.
After all, as a legal matter, all kinds of gambling can be prohibited by law, also financial gambling by banks and funds. Maybe also the government should hedge ITS bets!
But what then would be the cost of prohibition? Would the money all then run off to overseas gambling meccas? Perhaps.
Nevertheless, who says we have to play by traditional rules that always favor those who have deeply studied and best understand the game to be played, in which case the result of the game is determined by those same rules -- as John von Neumann game theory so aptly demonstrated.
It is perhaps time to change the rules and level the playing field -- again.
Pawn to King 5 to open the game!
That might bring things back to "square one".
Crossposted at LawPundit.
Sunday, May 20, 2012
Scarce Natural Resources Billionaires and Investment at StreetAuthority via Nathan Slaughter
At StreetAuthority.com, Nathan Slaughter has a presentation titled The 9 Best Stocks to Own for the Next Decade, whose actual purpose is to gain new subscribers for Slaughter's Newsletters. Nevertheless, it is a presentation loaded with a lot of essential facts about the increasing scarcity of natural resources and inter alia the commodity investments of billionaire investors. There is a Power-Point like "video", mostly text, accompanied by voice, and a text transcript of that video which is a much faster way to view the material.
Please be aware that this material is posted for information only and is in no way advice to buy, sell or hold any of the stocks mentioned or to invest in any of the natural resources discussed or suggested. Caveat emptor. YOU alone are responsible for your investments and we disclaim any and all liability for any actions taken or not taken based upon this or other of our postings.
John Paulson's Stock Picks for the First Quarter 2012 via Seeking Alpha
Guan Wang has the story
at
Billionaire John Paulson's Q1 Stock Picks - Seeking Alpha
Please be aware that this material is posted for information only and is in no way advice to buy, sell or hold any of these stocks. Caveat emptor. YOU alone are responsible for your investments and we disclaim any and all liability for any actions taken or not taken based upon this or other of our postings.
John Paulson, Hedge Fund Manager, Has Made Some Interesting Stock Purchases This Year
James Brumley at StreetAuthority, Austin, Texas, in a February 21, 2012, posting, reported that The Man Who Made $15 Billion from the Housing Bubble Just Bought These 5 Stocks .... See that link for the stocks. It has been a while since February, so it is interesting to see how those stocks have performed in the interim.
Please be aware that this material is posted for information only and is in no way advice to buy, sell or hold any of these stocks. Caveat emptor. YOU alone are responsible for your investments and we disclaim any and all liability for any actions taken or not taken based upon this or other of our postings.
Subscribe to:
Posts (Atom)
