MBI CEO bought 100,000 new shares, cool!

I have been quiet recently about my favorite bond insurers. I am not sure how the new economy development around Oct will affect them. I was really worried. Third avenue has not published their letters to shareholders yet, maybe they are in trouble, just a speculation.

But I found out today, MBI CEO resumes his share buying after a couple of months' silence. I feels much better now. Ago's news of acquiring FSA also shows Ago's financial strength. ABK's disappointing quarter seems more bearable now.

Now, I am deep in the water for this year. It is not easy out there, I will carry on. This economy cycle I am doing better than last one, I carried on my resolution to continuous dollar average in my investments as long as I have money. Next one, I will try to learn to short.