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But we saved everything 🙂.
George Noble described Jon Gray as having invested heavily at the peak of the housing bubble and referred to him as a recidivist. Noble also criticized dependence on the Federal Reserve to continually bail out poor financial decisions, citing a remark from an individual identified only as his friend D.
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George Noble has previously called for stricter accountability among major market participants, urging repercussions for Ellison and ORCL investors in a recent report (link). In another commentary, Noble shared Larry Jeddeloh's projection that the 10-year Treasury yield could reach 10% by 2032 (link). Both postings focus on the importance of financial discipline and forward-looking market risks.