Mortgage Blog

Market updates, and The Big Short

August 20th, 2018 1:28 PM by Eric Fang

Read "The big Short" (Chinese Version) over the weekend.  It is my third time to read the book. I just read it as a novel. Still it is interesting to read it again.

Went hiking at Berkeley Saturday and learnt that the author Michael Lewis has been living in Berkeley for a long long time. And the other hiker even knows him since their kids went to the same school. But still it is interesting to read the books about the subprime mortgages, though "this time will be different" for any crisis.

Heard another price bid for the property in the bay area. The final purchase price is anout 440k higher than listing price. It is so crazy.

 NKE broke out again. You will get at least 30% return this year if you purchased it on Jan 2nd. I wish I added more shares after purchasing at $52.  Will add more shares when it is lower than $80 again.
Posted in:General
Posted by Eric Fang on August 20th, 2018 1:28 PM



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