gdp's Comments

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 21:19:06 +0000

I am finally home in front of my computer and I shall defend myself.

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 21:17:08 +0000

I guess I will respectfully ignore your recommendation. I have been blogging for a while but it is more to be a student of the social web so that I can do my job more effectively. I tumble (blog, tweet etc.) infrequently usually to test something new and very rarely on a specific subject. According to Google analytics I get on average 10 hits to my tumblog a day so there was no reason for me to expect a higher number for the particular blog entry either. Brad happened to read my entry yesterday because I asked him something about the VC feed that he manages and he was kind enough to link to my tumblog. I am sorry you had an allergic reaction but you always have the option to ignore me. As for my familiarity with what's going on with Freddie and Fannie, it is my job to know the macro economic conditions. My firm manages a large sum of money which we invest in early stage start ups that align with our views of long term trends. And for my skills in reading a balance sheet, probably my Wharton professors would agree with you. I would love to know your credentials though...

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 20:41:52 +0000

If only the futures market was an exact predictor of the future, we would all be minting money. The price and features are where they are today because Saudi Arabia in a surprise move decided to reject the equally surprising OPEC production cut that was announced 2 days ago. Hmmmm.... If it were not for the latest announcement, all those hedge funds would have lost their shirts. Do you think they knew what would have happened? The supply / demand curve in my opinion dictates oil prices to keep rising. Geopolitical interests (this is where my cynicism comes in) requires prices to be low at least until the end of the US election.

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 20:25:31 +0000

If you give me the benefit of the doubt that the 500T is a tying mistake, I don't think my logic is flowed. As for my choice of colors, no comment :)

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 20:23:35 +0000

Please see comment above...

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 20:23:21 +0000

That was a mistake, the right number is 5T (actually somewhere between 5T to 6T or 1/2 of the US mortgages). I typed the post on my blackberry in my flight to Denver yesterday. No excuses on reporting the wrong number but originally I was writing about the cost of the debt (200B) then decided to highlight the staggering liability and did not delete the zero's, sorry/

Feld Thoughts : It's Probably More Complicated Than You Think

Thu, 11 Sep 2008 20:20:44 +0000

I guess this news came a day late: Saudi Arabia won't follow OPEC production cut Here is a write up in SF Gate http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/...