Why one has to dig deeper than reacting just to news events

http://www.deepcapture.com/would-cnbc-let-gasparino-say-this-on-air/

And, yes, I had an argument with my friend about why I own Citigroup at $4 and change, but the fact remains that the last time it was this cheap, the company had the same fears and got out of it.

Additionally, the Kahn Brothers who are just as famous value investors as anyone else bandied around nowadays added to their purchase of Citigroup. According to what I read, they own 40,000 shares.

People listen to George Soros, Steve Cohen (though he did warn people of impending financial collapse), Bill Ackman, Alan Greenspan (hired by short sellers) and several others who SHORT the market and have vested interests that are not exactly in line with positive, healthy, sustainable economics for the majority of individuals. When you hear a value investor talk, he has the ability to tell the truth since his investments span decades and banks on the profit opportunities from the absolute trend of human growth and innovation that has never stopped, but may be temporarily waylaid.

But that doesn't mean I am against shorting, just differentiating an opinion versus fact, and that short selling should be regulated a bit in order to prevent the compelling evidence of naked short selling.

Economists and historians to the man on the street compare our time to the Great Depression, but no one back then knew what was coming. In life there is a saying of "don't take things for granted" and in this situation analyze what is going on (it is fearful I admit but look for the cracks), think about what is important to you (a lox sandwich), but don't panic, because when this chaotic period is over...let the good times ring (and that may be inflation).

thINK positive!