blogads for the opinion makers

Fortune Magazine opines: “It’s time to examine the clichés that the “experts” - chiefly analysts and economists from realtors and mortgage associations - used to convince Americans that what they’re seeing now could never happen.”

No, actually, that time was last year. In fact, I blogged about shorting housing stocks and newspaper stocks, mentioning then-current prices. In aggregate, those stocks are all down roughly 40% today.

This entry was posted on Friday, August 25th, 2006 at Aug 25, 06 | 4:17 pm and is filed under Development. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.