Even better!

I bet you 5000$ that neither Palin nor Biden will be elected president!

I'll take that bet!

Serious?

Will be ELECTED president? I didn't said "will become", or anything like that...

And this is the prediction for the 08 Election, mind you...

I thought the laugh would convey the meaning of "Uncle!  You win" on the absurd front.

Besides, with the markets the way they are, I will bet you my stock in AIG and Lehman Brothers.  NOW do you still want the bet?

AIG? Yes!!!!!! Yesyesyesyesyesyesyesyes!!!!

LB is effectively dead, but AIG isn't. Seriously, hold to these shares. It's a sound financial institution, that happened to got hit hard by the stupidity of general Wall Street. Right now, people are quite negative about it, but I am quite sure that in the long term (5+ years) it'll go back up. I'd label it as a "buy" right now. The company is saved, and is in no chance of bankruptcy anytime soon.

As opposed to many other companies right now...

Actually the smart money is buying - bargains.  The failure of a few biggies caused a panic.  But Buffet is buying, and so am I.  I dont know if it will go lower, but I know it will go higher - in time.

Ok, I take back my offer of AIG.

The problem is, except if you buy an index-driven fund, you might end up buying the wrong share, and loose your investment if the firm goes kaput - which is still a probability, in our current situation.

edit: Oh, and I stand by my Obama by 54%, McCain with 43%

I think it will be closer, but Obama still wins.

And as for my buying, I am leaving that to professionals.  I am smart enough to know that I know not. (I have a fund manager).

Clever man.

My boss (who IS a professionnal fund manager) leave most of his assets in an index-linked fund. He is of those who think you cannot beat the market...

Bet he was jumping for joy yesterday!

Yhea, but not for the reason you'd think. Institutional funds aren't interested in return when they check up their manager, they are interested in added value of that manager. And our recent numbers (who he happened to get yesterday) were very, very good.

Yhea, we still lost 20% this month, but so what? The market lost 22%!!!

Right now that makes him in demand as a GREAT manager!

My job is to make sure he is. That's how you make business

But sadly, I think our products are a little too much ahead of their time for the mainstream institutional investors...

Obama will win 62%.

Not even in a wet dream.