March 10, 2007 Conviction…The Good, The Bad and the Ugly The Subprime market is the latest area of the market where losers and geniuses are being crowned . The overall lesson…..Much easier to have conviction with other people’s money :) . Join my Daily NewsletterLike what you read here? Get what I write in your inbox each morning by subscribing to my daily-ish newsletter. Sign Up Got it. Check your email.