I’m just going to come out and say it, ok?  I miss the Great Recession already. I miss it for two reasons: first as an investor and second as a human. The Investment Side of the Great Recession As an investor, the Great Recession represented the good times, now past.[1] Recessions – or at least

As a recovering banker, a main obsessive question of mine remains “How did we get into this mess?” By “mess,” I mean both the Credit Crunch itself and our collective response to it, at the government and personal levels. My obsession drives me to read reports by the Special Inspector General for the Troubled Asset

Last week I posted a piece on a particular hedge fund’s research[1] from 18-months ago, and then I went on to praise that hedge fund, with 20/20 hindsight, for nailing it, in terms of understanding the Great Recession, and why it’s taking so long to recover from it. In response, in my inbox today I

Will we ever pull out of the Great Recession?  Why is it taking so long? Let me tell you about a hedge fund group that has the best way to think about it that I’ve ever read.  But first, some history. The Summer of 2008 is when things really started to hit the fan. And