Monday, December 3, 2007

Bad News-3, Good News-0.3


I've been searching for some good news about the economy today per Ben Stein's instructions but unless you were long white truffles the past year the news continues to be gloomy. For the good news, Macao gambling magnate "Uncle Stanley" Ho, bested the highest price ever paid for a white truffle by over 50%!! This will undoubtedly have a negative effect on my power to purchase even low market truffle goods such as pizza and scrambled eggs(that's right). I'm more than a little annoyed that The Merc has yet to create a forward market for this good that would allow me to hedge my future truffle needs. When will they get off their duffs and start meeting the world's demand for unique derivatives? And for the bad news... I won't even explain, you should just be aware of it all before you go into Christmas shopping mode. Bad, Badder, Badderer

1 comment:

Anonymous said...

I think this is what Ben Stein had in mind: http://www.youtube.com/watch?v=vRXgpR2lzo4