Dear Mr. Buffett_ What an Investor Learns 1,269 Miles From Wall Street - Janet M. Tavakoli [143]
Weinberg, Neil, and Condon, Bernard. “The Sleaziest Show on Earth,” Forbes, 24 May 2004.
Williams, John Burr. The Theory of Investment Value. 1938. Reprint, New York: Fraser, 1997.
Index
A
ABX index
exposure
prices, decline
securities, overpricing
Accredited investor, Securities Act definition
Ackman,William
publicly available information
Active investment, zero-sum game
Adams Square Funding I, conflicts of interest
Adjustable rate mortgages (ARMs), offering
Ahmadinejad, Mahmoud Allison, Herb
Alpha, making
Al Qaeda, terrorist attack
Alt-A backed bonds, collateral
Alt-A loans, default rate
Amaranth hedge fund, implosion
Ambac, securities
American International Group (AIG)
accounting, challenge
credit default protection, writing
credit derivatives exposure, value
overstatement (SEC/DOJ
investigation)
Fed loan/bailout
Goldman Sachs exposure, immateriality
losses
problems, worsening
Ameriquest, predatory lending offender
Amsterdam Stock Exchange, Carlyle trading
Analysis, value
Andrukonis, David A.
Arbitrage
funds
genuineness, occurrence (rarity)
money pump, function
Archimedes, leverage
Argush, Lee
Aristotle (memory training)
Arnall, Roland E. (ambassador confirmation)
Askin, David
Asset-backed CDO, RMBS investment
Asset-backed commercial paper (ABCP)
Countrywide bailout
Countrywide issuance
Asset-backed securitization CDO prospectuses, problems
Asset correlations,Wall Street estimates
Assets
levels
overrating, consequences
Assuras,Thalia
Astoria Financial
Auction-rate bonds, purchase/sale
Auction-rate securities (ARS)
buyback, level
sale
Auditors, reserve reporting incompetence
Average depth, mischaracterization
B
Backdating
advantage
scandal
theft
Bailey, Jr., Daniel
Bailout, cost (increase)
Baker, James
Bale, Christian
Balestra Capital
Bank for International Settlements (BIS), rating agencies (relationship)
Bank of America, shares (decrease)
Bank problems, increase
Bank protection, Fed responsibility
Barnes, Michael
Bayou Group LLC, estate manager (aggressiveness)
Beales, Richard
Bear Stearns Asset Management (BSAM)
assets, value (markdown)
derivative collateral, return (request)
funds, problems
high grade/junk conversion
management fees
margin calls, moratorium (request)
mortgage-backed securities hedge funds management, collapse
problems
redemptions, freeze
subprime exposure
tactical error
turnkey program
Bear Stearns Co.
arrogance
asset lists, circulation
borrowing inability
CDO activities, SEC investigation
corporate ratings, Moody clarification
derivatives transactions, intermediating (cessation)
failure
Fed action, Buffett viewpoint
ISDA request
withdrawal
JPMorgan Chase purchase
leverage
liquidity
inadequacy
pressure, absence (claim)
problems
mortgage-backed products, losses
securitization underwriting, life insurance policies (backing)
stock, zero value
stop-gap loan, Fed announcement
subpoena
Subprime IPO title
survival, question
tactical error
take-no-hedge-fund-prisoners philosophy
trading floor telephone tapes, recordation (mistake)
Bear Stearns High Grade Structured Credit Strategies Enhanced Leverage Fund
bailout
launch
Beller, Ron
assets strategy
loss
Berkshire Hathaway
annual report (2003)
annual report, An Owner’s Manual (inclusion)
Assurance, Jain setup
Clayton Homes
acquisition
contagion, avoidance
company purchases, preference
credit risk
derivatives, market price fluctuations (report)
dollar investment
ISCAR Metalworking investment
nonreported (undistributed) earnings
performance
premium income, investment
reinsurance companies, excess risk underwriting
shareholder letter (1985)
stock shares purchases
success, meaning
value company definition
Berkshire Hathaway, Buffett letter
Bernanke, Ben
U.S. Senate Committee testimony
Bies, Susan (resignation)
Bingham, Richard
Bin Laden, Osama (noncapture)
bin Laden, Shafig
Black