euro - prolly going to rally now... backwards
yep ... the euro is probably going to rally.. in my opinion greece technically defaulted just now.. but it doesnt matter, perception is reality and perception is dicated by billionaires who think that this is a short term win.
this default just postpones the inevitable. i like american companies with lots of cash... honestly. cash is soon to be king. sure valuations will drop, but if you own companies with a lot of cash.. and they're smart.. you win
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
More in Life & Philosophy
Keep Exploring
Act As If — Glen's Book
Talk minus action equals zero. The philosophy that drives everything.
Read moreLessons from Losing
What losing a million dollars (multiple times) actually teaches you.
Read moreGlen's Rules
The principles behind the investing, the building, and the writing.
Read more157 Billionaire Profiles
What the world's most successful people got right.
Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.