Why I Am No Longer Interested in Equity Investments?

Well ok, not really the reason that I personally hold, which is that the markets are an absolute farce and not investment worthy - though I suppose that depends on your definition of investment. I'm not saying I'm right, I'm just saying that's my perspective.

This is a quote taken from a new blog (Gibson's Technical Strategist), which was recommended by another relatively recent add to my ReadTheBlog list (The Kirk Report). I'll continue to be following both as the information is readable, relevant, and insightful (bold emphasis added)(http://mrmkt.wordpress.com/).

"Major U.S. banks and brokers will pay workers about $140 billion in 2009, up from $117 billion in 2008 and above the record peak of $130 billion in 2007. “I determined that if you want to make money on Wall Street, you work there, you don’t invest there.” said Leon Cooperman in a Barron’s interview in July 2008. “They just pay themselves too well. I would rather look elsewhere for investment opportunities."