Quotes Irrelevant to Investing

by Kaiser Edamame

“The currency is the share price of a country.”
-George Glynos, Econometric Treasury Management

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POSTED: 02/11/08 4:13 AM
Comment (146)


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Comments

  1. J
    February 11th, 2008 | 4:22 pm

    …on what planet?

  2. Kaiser Edamame
    February 11th, 2008 | 4:54 pm

    neptune

  3. Anal_yst
    February 11th, 2008 | 4:56 pm

    So wait, China effectively tells the market what its share price is? Thats kinda like CIBC telling us to short CIBC, no?

  4. dsquared
    February 12th, 2008 | 5:24 am

    more like the national sperm count.

  5. wow
    February 12th, 2008 | 10:53 am

    yeah, china basically buys their own stock anytime it time it goes lower than the band it wants and buys up all sellers or and it sells it’s stock anytime it goes higher than it wants. and sells enough to meet all buyers.

    seriously though you should short cibc

  6. To The Hilt
    February 12th, 2008 | 12:16 pm

    China is our biggest shareholder, right?