Posted in July 2008

That old saying about people living in glass houses…

“Citi may take $7 bn more in writeoffs: Morgan Stanley”. How credible is this given Morgan Stanley couldn’t have predicted how much they would write off in 07/08, if we bothered to ask them, that is. Maybe, we should have asked Citi instead? Advertisements

A (ex-)post about ex-ante

I had long ago promised myself to write about the two most expensive words I’ve come across, ex-ante and ex-post. Together, they cost me EUR43500. Before I up the ante, let me introduce these words ex-ante and you can decide ex-post whether they should really cost so much. Ex-ante is Latin for “Before the event” … Continue reading