Printing Money...I Mean Quantitative Easing

I have really missed some easy trades/investments since the bottom on March 9, 2009.

I was not panicked and am glad to look back and see I was buying, but I failed to see how big a bottom it was.

The list of stocks I was buying was diverse, but buying Salesforce.com $CRM , Amazon $AMZN and Netflix $NFLX on March 9th, 2009 was pretty right. Sadly, I only own Amazon today. I love having the blog so I can go back and see exactly what I was thinking. I hate it today for the same thing.

In two years when I look back at this post and November 2010, one thing will stand out financially…’quantitative easing’. Printing money has costs. In two years we will be closer to seeing the lasting effects of this massive printing of money that was pitched to the masses as a much more complicated term.

In two years we will be closer to ‘Finance 2.0’ .

In two years this quantitative easing video will be shown in economic classes to explain the insanity of the financial times of 2008-2010.

Unfortunately, I don’t have as much conviction about buying stocks or startup investing today as I did in March, 2009.

Today I am thinking about my Sotheby’s $BID indicator. I wrote about it a lot up until 2008 and have just forgotten about it until this fantastic post about the art market.

Based on the action in Sotheby’s stock price, we look to be at a major inflection point in financial prices.

We are in some financially wild times that look to be getting wilder. Fasten your seat belts.