Posts filed under “Financial Press”

UPDATED: Worst Predictions for 2008

Special Schadenfreude edition: In case you missed it, here is our updated collections of the worst predictions for how 2008 would turn out:

The 10 Worst Predictions for 2008 (Foreign Policy)

The Worst Predictions About 2008 (Businessweek)

2008 Investment Guides Are HILARIOUS (New York Magazine)

Famous Last Words (CNBC)

The worst media calls of 2008 (Kiplingers)

Dropping the (crystal) ball: This crisis duped executives and regulators (LA Times)

10 Predictions’ for 2008: BlackRock’s Bob Doll  (Reuters)

Jim Cramer’s Predictions for 2008 (Covel)

Those two above have been cited all over the web. Here are a few others worth mentioning (did I miss any?)

How wrong they were (Salon)

The web’s worst predictions (Daily Mail UK)

Worst Tech Predictions of 2008 (C/NET)
(See also: Top 10 worst tech predictions of all time)

• Global Insight: 2008 Forecasts Reviewed (PDF)

• The Most Inane Punditry of the 2008 presidential campaign (Media Matters)

Not predictions, but real time errors in assigning  casting, via MarketBeat:

2008 Lookback: The Blame Game

Bonus! Not a forecaster, but the person who consistently gets the present wrong:

Media Matters’ 2008 Misinformer of the Year

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Related:
The Folly of Forecasting
RealMoney.com Contributor
6/7/2005 1:05 PM EDT

http://www.thestreet.com/_tscana/comment/barryritholtz/10226887.html

Worst Calls of 2008 (November 2008)

http://www.ritholtz.com/blog/2008/11/worst-calls-of-2008/

Category: Financial Press, Markets, Psychology, Really, really bad calls

2008 Investment Guides Are HILARIOUS

Via New York Magazine, comes this amusing collection of bad forecasts for the 2008 year: • Jon Birger, senior writer, Fortune Investors Guide 2008 Smart investors should buy [Merrill Lynch] stock before everyone else comes to their senses.” Merrill’s shares plummeted 77 percent. • Elaine Garzarelli, president of Garzarelli Capital, Business Week’s Investment Outlook 2008…Read More

Category: Financial Press, Humor, Markets, Really, really bad calls, Trading

Internet Passes Newspapers as Info Source

I guess this makes it official: The net is now a bigger source of news than newspapers, according to Pew Research Center for the People & the Press: The internet, which emerged this year as a leading source for campaign news, has now surpassed all other media except television as a main source for national…Read More

Category: Financial Press, Web/Tech, Weblogs

Top 10 Quotes of 2008

The Top 10 quotes of 2008, as compiled by the editor of the Yale Book of Quotations: > 1. “I can see Russia from my house!” — Comedian Tina Fey, while impersonating Alaska Gov. Sarah Palin on the TV comedy show “Saturday Night Live,” broadcast Sept. 13. 2. “All of them, any of them that…Read More

Category: Financial Press, Psychology

World’s 25 Most Influential Companies

World’s 25 Most Influential Companies: 1. Wal-Mart 2. Toyota 3. Saudi Aramco 4. JPMorgan Chase 5. Unilever 6. China Mobile 7. Microsoft 8. News Corp. 9. 3M 10. Apple 11. Google 12. Huawei 13. Monsanto 14. YKK 15. Nielsen 16. Jarden 17. Intuit 18. Autodesk 19. HCL Technologies 20. Japan Steel Works 21. Sirius XM…Read More

Category: Corporate Management, Financial Press

The Barron’s Forecasting Challenge

Think you know what will happen in financial markets in 2009, then take our 8th Annual Forecasting challenge. The winner will receive a one-year subscription to Barron’s, lunch with Associate Editor Andrew Bary or $100.

12/27/2008

Category: Economy, Financial Press, Markets, Video

Strange Bedfellows

Prospect‘s choices for top public intellectuals of 2008: Included are Nouriel Roubini and General David Petraeus. My pal Paul points out they make for fascinatingly strange bedfellows

Category: Digital Media, Financial Press

NYT: Blaming Bush for the Wrong Things

The Sunday New York Times has a front page article more or less blaming Bush for the housing and credit crisis. Its part of their “The Reckoning” series, and it is in some ways, off base. The long article (written by 3 people) comes close to some real truths, but it veers off, focusing on…Read More

Category: Bailouts, Credit, Derivatives, Economy, Financial Press, Politics, Real Estate

Madoff Red Flags Were There All Along

In 2001, reporter Erin Arvedlund wrote an article for the financial weekly Barrons that was skeptical of Bernard Madoff’s strategy and performance on Wall Street. She questioned how Madoff was able to offer good returns. She talks with Steve Inskeep about the impetus for her story and what she learned in the process.

Morning Edition, December 18, 2008

Category: Financial Press, Legal, Regulation, Video

Audit Interview: Jack Dolan

Columbia Journalism Review interviews the Miami Herald reporter whose series we have highlighted here many times. JD: I expected there would be some criminal histories. There’s gonna be a few pot possessions and stuff like that. The law said that they were supposed to screen brokers for crimes involving fraud, dishonesty, and “moral turpitude”, which…Read More

Category: Financial Press, Legal, Regulation