Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if the company has burned to the ground, enthusiastically recommend that investors buy the stock. They are just a bunch of cockeyed optimists, those stock analysts. When the Titanic was in its death…Details
A blokes version….
I have two contenders today for the stupidest regulatory idea of the day and the stupidest quote of the year. The stupidest regulatory idea is undoubtedly allowing hedge funds to advertise to the general public and the far and away club house leader for stupidest quote of the day is from Bob Rice the managing…Details
QOTD actually more like paragraph of the day and comes from a strength and conditioning site – When setting goals, keep your goal specific to yourself and a select few. Keep your goal general to all others. In other words, if your goal is to bench 400 pounds, keep that as a marker in your…Details
There are two reasons not to listen to anything the finance media says. The first is that they have no idea what they are talking about (see earlier piece on gold predictions) The second reason can be found below. Charles Payne, a contributor and frequent guest host for Fox News and Fox Business, was compensated…Details
Business Insider..…..While gold prices were on their ascent, we heard some bullish calls from high-profile Wall Streeters that would make dotcom era equity analysts blush. For whatever reason, gold ultra-bulls argued that the precious metal would be worth multiples of where it is today. We’ve heard targets from $5,000 to $46,000.
I have to admit I can understand how this become the popular perception.
As a personal dlsclaimer I should point out that Sornett has been making predictions of crashes for over a decade and I dont believe he has gotten one correct. His last prediction of note was that the S&P500 would crash to 700 points in 2004, if memory serves me correctly that didnt happen. In their…Details