Miscellaneous

-Interesting to see Jim Chanos present on Gamestop. I've thought about it before. I didn't end up doing research because honestly, I don't know why their sales haven't dropped a lot more already. Nobody I know likes or uses the place. Bad customer service, average-bad prices... If I don't understand the motivations of their customers, it's going to be pretty damn hard to predict changes in customer behavior.

-Currently reading Security Analysis. This seems *far* better to me than The Intelligent Investor; next time I'm back in the US I'll have to look over my copy of the latter and see if I can figure out why my reaction is so different. Very useful in understanding the current situation.

-I've essentially finished my energy market research, need to write up my thoughts, but first -

-Currently studying NFLX (after yesterday's 35% drop, it has now gone from way overpriced to interesting in less than one year)

-Via Mish, bank runs in Greece; what the heck? What did they wait till now for? But then again maybe this is just the man in the street - those with more assets have been leaving for a while.

Pet Peeve

Bit off topic here, but the just a comment on the financial community in general...
The level of elitism is a huge turnoff. That just doesn't exist in my current work environment and circles. It's disappointing to see it show up so strongly on a blog I really like, kid dynamite's. Hopefully it doesn't continue down that road, like equityprivate...