Each year, David Weidner of MarketWatch puts out a list of folks in finance that you should pay no attention to.
This year’s list is out, and its a doozy:
1. Jamie Dimon
2. Sam Stovall
3. Jim Cramer
4. Bill Miller
5. Michael Grimes
6. Sheila Bair *
7. Vikram Pandit
8. Greg Smith
9. Meredith Whitney
10. Occupy Anything
11. Glenn Hubbard
12. Robert Diamond
13. Mitt Romney
* Bair was on his Do Not ignore list.
(2012′s list is after the jump.)
Who did he miss this year?
Previously:
Q&A: The Price of Paying Attention (November 3rd, 2012)
Source:
13 Wall Street voices to ignore (or not) in 2013
David Weidner
MarketWatch, January 2 2013
http://www.marketwatch.com/story/13-wall-street-voices-to-ignore-or-not-in-2013-2013-01-02
1. Meredith Whitney
2. Ben Stein
3. Jim Cramer
4. Sam Stovall
5. Keith McCullough
6. Peter Schiff
7. Bill Gross
8. Maxine Waters
9. Steve Bartlett
10. Peter Wallison
11. Michael Moore
12. Name your own
Category: UnGuru
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
He missed Karl Rove.
What? No Phil Gramm?
Paul Farrell
Ben Bernanke, Tim Geithner, Glenn Hubbard, Larry Summers, Robert Rubin, anyone from a Bond Trading desk.
Scratch Glenn Hubbard, lets go with Steve Liesman.
Scratch Liesman and add Kernen, Jack Welch and all the BLS deniers.
Mark Hulbert, Rex Ryan, Mish, Denninger, Tom Lee, Dick Bove, Anyone employed by CNBC.
Alan Greenspan for the Bad Calls Hall of Fame.
Occupy Wall Street was quoted by you BR on their comments about legislation regarding Dodd Frank
Jim Cramer should not be on this list, as he should be on the list of people to ignore every year, indefinitely. Amazing how many studies have proven how poor his track record is for stock picks and investing advice…and yet people keep paying him!
…only on TV can someone repeatedly perform so poorly and get paid so well. …and in the government…and as mutual fund managers…or as the CEO of a major corporation…
Anybody have a list of the members of the House of Representatives? That might be a starting point.
Boehner sets House votes on Sandy aid after Republican attacks
Did he put his clown shoes on backward this morning?
Nice to keep that little dagger in your back pocket to use on recalcitrant North Eastern Centrists if you want them to do your bidding in your upcoming fight with Obama. Clever John, just so very clever.
Just bad luck people actually paid attention. Don’t worry, no one will be paying attention to your moves over the next few weeks.
http://www.reuters.com/article/2013/01/03/us-storm-sandy-aid-idUSBRE90001Q20130103
I change my mind, too funny to ignore. Thank you people from Ohio. Thank you for giving us Boehner.
After slogging my way through the trap of 42 freakin’ clicks to read his article…David Weidner is at the top of my list. Shame on me…I know.
* The anti-Meredith Whitney bandwagon is a Sausage-fest Circle Jerk and has about as much credibility as the Birther Movement.
* Anyone from either of the last two administrations.
* Anyone who thinks a recession will be avoided this year (hint it started already).
* Anyone who used the phrase “too much austerity too quickly.”
* Anyone who is bullish because markets are higher today than they were yesterday and vice versa.
* Anyone pushing bond funds
* Me (you get what you pay for)
Meredith Whitney made some specific calls that were terrible
She deserved to be called out on them
Bill Gross had a great 2012, and the New Normal has proven prescient, so it looks like last year’s list would have been better without his name on it.
Grover Nyquist, Donald Trump, Jack Welch, Sarah Palin, Michelle Bachman, “swing voters.”
controversey here we come….
Lakshman Achuthan
Peter Orszag
Niall Ferguson
Larry Summers.
College students and manic depressives posing as financial gurus on SeekingAlpha.com
My perennial favorite: Robert Prechter. Oh, and how about that Mish?
Hussman. Read him. Don’t “listen” to him.
Rick Santelli, Larry Kudlow and anyone agreeing with him on his show, pretty much all of CNBC except Steve Leissman.
I don’t even watch Fox’s entertainment channels, partially on principle, partially in fear they use subliminal messaging.
Ignore all “freshwater” economists. And especially rebut their misinformed, know it all victims.
perma-bull Ken Fisher
Jeremy Siegel.
People that are not influential and consistently wrong can be ignored. But great opportunities emerge when influential people get married to complex and errant ideas – and temporarily move the money the wrong way.
Shouldn’t we thank those with influence that make occasional mistakes — for their unique mix of influence and error?
Example – I bought muni bond fund after Meredith Whitney was chirping about scary muni bond market. Many sold. I bought. I’m still holding with 40% gain since then.
Media freaked out about fiscal cliff after election. I bought UWM. Media cheers last minute deal. I sold for ~15% gain.
Not bragging – but using your own brain and buying low and selling high seems to be a successful approach.
Larry Summers
Jeremy Siegel
A few of the commenters here -<8^)
Mayor Quimby.
I have to suggest Summers, Krugman, Bernanke and Rivlin….gee, same song same verse
What, noone has mentioned Obama? The have-no-clue-what-to-do-with-the-economy president?
ES Says:
January 3rd, 2013 at 12:40 pm
“What, noone has mentioned Obama? The have-no-clue-what-to-do-with-the-economy president?”
~~~
The president who recognizes we have a demand problem, not a supply side problem?
The president who’s jobs bill still hasn’t been given the time of day?
The president who recognizes the 3 decade decline of middle class income has led to a parabolic rate of increase to consumer debt, which in turn fueled the ’08 crisis … as well as our Federal & Muni debt problems?
The president who recognizes that while we socialize 50% of revenues to “private” healthcare, we should have a right to regulate it’s price, or at least provide it’s own low cost OPTION …while bribed puppets in the GOP whine “Socialism” & “Government takeover”?
That president?
(btw BR, TY for the fix – “Jim” = “Rick” – wish we had an edit here)
Obama – whose stimulus did almost nothing, has wasted hundreds of millions on solar energy, has an EPA that runs rampant and costs the economy a few hundred billion a year due to ridiculous regulations, who thinks that global warming is human induced even though there is data to show that the earth has been much warmer than current average temperature for 70 t0 80% of at least the last 600 millions years?
That President?
Nonsense about the EPA … it’s been one of the bright lights of the Obama administration. Take your global warming denial to the nearest flat earth society meeting, rhkaplan.
rhkaplan Says:
January 3rd, 2013 at 3:20 pm
“Obama – …. who thinks that global warming is human induced even though there is data to show…”
Koch brothers funded research finally put that to rest, global warming is man made -http://www.latimes.com/news/politics/la-pn-kochfunded-climate-change-skeptic-reverses-course-20120729,0,7372823.story
A serious case of Fox syndrome here, where viewers mistake Fox as news.