Nathan’s Hot Dog Eating Contest Chart Porn
By Barry Ritholtz - July 4th, 2008, 12:30PM
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Macro Notes
US$ rally continuesPeter Boockvar
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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July 4th, 2008 at 12:55 pm
Think it just went sudden death…hope not literally too
July 4th, 2008 at 1:07 pm
The question is Barry, does a record setting performance in the hot dog eating contest correlate historically with a tradeable bottom in the stock market?
Help me out here!
July 4th, 2008 at 1:57 pm
resistance has been broken on volume.
safe to be long until ~80.
strong support at ~55.
July 4th, 2008 at 2:29 pm
KO BA YA SHI !!!
KO BA YA SHI !!!
July 4th, 2008 at 2:31 pm
Oh, I love the cultural development of the U.S. people !
Are these records coming from Harvard or Yale post-graduates?
I’m sure that the hunger of this planet are really happy with this good example of civilized social achievement.
July 4th, 2008 at 3:59 pm
Hey Carl,
There is a burger joint near Yale called the Yankee Doodle Coffee Shop that has had an ongoing Doodle Record for burger eating since the 50s. The record started at 10 burgers, grew gradually into the 20s as the record changed hands between Yalies and townies, until one of the competitive eaters from “the circuit” named Eater X came to town and pushed it into the 30s. Sadly, the Doodle lost their lease earlier this year, so the final record belongs to a “professional” from this recent fad “sport”.
And the Doodle had some tasty (heavily buttered) burgers.
July 4th, 2008 at 4:14 pm
Perhaps, in the new more austere America, employers handing out packets of hot dogs on the Fourth can become a new tradition… like Turkeys at Thanksgiving.
July 4th, 2008 at 9:12 pm
Guys ..you should check out the “girl effect video” also on the flowing data website the the above graph was taken from. We should all think about becoming (micro bankers) for someone. I saw a recent BBC video report about how things are getting better in Baghdad partly because the military were engaging with the locals getting to know them and offering individual help such as small loans. Apparently about $750,000 had been lent, by individual soldiers I presume.
This is a potentially devastating strategy for exporting capitalism and democracy. Make each soldier a financier. Trade in a few missiles for cash, who cares who gets them, and set millions of people up in business for themselves.
They will get so excited they won’t let anyone stop them succeeding.
July 4th, 2008 at 9:13 pm
The new time period is 10 minutes, and not the old 12. Which means the record will have to be set somewhere else.
or a new series of records at the 10 minute period.
July 4th, 2008 at 11:33 pm
I’m gonna’ hurl…
July 5th, 2008 at 9:39 am
If any two people can do the same thing it will become a contest.
Thanks for the levity.