Working out your ABS

by Johnny Debacle

If you have exposure to ABS, or a portfolio full of ABS, you look terrible. But why continue to suffer when you can look better in less than 7 minutes. That’s right, 7 minutes and your ABS will go from out of shape to robust. The solution is this simple exercise:

The bicycle, an alternating elbow to knee crunch that makes it look like you are riding an invisible perpendicular bicycle, will improve the core of your ABS portfolio, and ensure that you look fantastic both to your investors and to yourself. Have your ABS portfolio do four sets of bicycle crunches to failure, every other day. In a matter of weeks you will see the difference. Why continue to suffer, when a free solution is at hand?

Recommendation: We do not yet have a prescription that strengthens your MBS, but we are working on it.



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Comments

  1. February 28th, 2009 | 1:30 pm

    Need recommendation on how to convince my broker to let me short consumer ABS (to zero).

    Boat loans, I’m looking at you.