I recently purchased shares in MBIA. I did not buy many because the stock is risky. Days like today make me wish I had more faith in my convictions.
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In the early 80's, Jack was nicknamed T-Bond because he used leverage to buy as many 14% T-Bonds as he could. By the mid 80's he bought all the stock he could and, by the late 80's, he and his wife Marilyn invested their profits into 25 beautiful resort condos at Myrtle Beach. The question for smart investors still remains: Stocks, Bonds or Real Estate?
T-Bond, Jackafuss' shared items
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Over the next year, stock prices will
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