Thursday, April 15, 2010

How to Out-Trade the Mighty Goldman Sachs

Want to know the secret to trading better than the mighty "Government Sachs"?

That's easy - don't do as they say, do as they do!

Tyler Durden of ZeroHedge fame hits the nail on the head when he points out that you should take Goldman's investment advice to their clients with "the usual airplane carrier full of salt, and dodecatuple reverse psychology" - ha!

Thanks to Tyler for posting this presentation, which is a real yawner to anyone with the slightest contrarian bend to their investment outlook:
Goldman Where to Invest

"Invest in the BRIC's...S&P rally to continue for now...yawn"

Want to make some real money? Then think about shorting the BRIC's - that's probably what Goldman is doing right now!

Hat tip to good friend Jonathan Lederer for passing this along - I trust Jon's S&P fair value estimate a lot more than these Goldman jokers!

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