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I have been quiet recently about my favorite bond insurers. I am not sure how the new economy development around Oct will affect them. I was really worried. Third avenue has not published their letters to shareholders yet, maybe they are in trouble, just a speculation.
But I found out today, MBI CEO resumes his share buying after a couple of months\' silence. I feels much better now. Ago\'s news of acquiring FSA also shows Ago\'s financial strength. ABK\'s disappointing quarter seems more bearable now.
Now, I am deep in the water for this year. It is not easy out there, I will carry on. This economy cycle I am doing better than last one, I carried on my resolution to continuous dollar average in my investments as long as I have money. Next one, I will try to learn to short. |
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