Saturday, July 12th, 2008

True Job Insurance Means Shorting Your Own Company Part 2

After posting True Job Insurance Means Shorting Your Own Company earlier this week I realized it raised some questions that weren’t answered in the post.
DHammy stated accurately:
I think it’s unlikely anyone is going to follow this advice. People just aren’t able to see how big that gap is between what they know and what they [...]

Thursday, July 10th, 2008

True Job Insurance Means Shorting Your Own Company

For years I’ve jokingly stated the number one investment rule is to:
Never invest in a company that would hire you or one of your friends.
Although this gets a laugh, there is some truth to this advice.  Employees of a company are typically only told one side of the financial story.  News about every deal or [...]