Posts filed under “Really, really bad calls”

July 4th Park Rules

Freedom:

 

Source: The Vulgar Trader

Category: Humor, Really, really bad calls, Regulation

Another Epic Failure From the Worst Congress in History

This will be a short rant, as we prepare to head off to celebrate the birth of our nation with fireworks, barbeques, and the usual trappings of summer. I spite of the celebratory mood, I am troubled by the unrelenting incompetence of the U.S. Congress. Its inability to pass even the most basic legislation is…Read More

Category: Politics, Really, really bad calls

All NSA Revelations in One Chart

Source: ProPublica

Category: Digital Media, Legal, Politics, Really, really bad calls, Technology, War/Defense

Today in 1994: Garzarelli Fund Closed

via Jason Zweig: 1994: Remember Elaine Garzarelli, the “guru” at Shearson Lehman Brothers who “called” the Crash of 1987? Her Smith Barney Shearson Sector Analysis Fund, which sucked up $700 million in 1987 from investors dazzled by her forecasting ability, is shut down today as Smith Barney quietly merges Garzarelli’s fund into its Strategic Investor…Read More

Category: Investing, Really, really bad calls, UnGuru

Another Idiot Economist: “We Need a Major War to Save the Economy

Definitive Analysis: War Is Bad for the Economy Preface: Two weeks ago, well-known economist Tyler Cowen (a professor at George Mason University) argued in the New York Times that wars – especially “major wars” -  are good for the economy. Cowen joins extremely influential economists like Paul Krugman and Martin Feldstein – and various talking heads…Read More

Category: Really, really bad calls, Think Tank, War/Defense

Why I am Crossing Off the Red Cross From My Charity List

Whenever there is some global catastrophe, we break out the checkbook, sending a donation to the Red Cross. Whether it’s an earthquake in Haiti or a tsunami in Japan, many people’s natural inclination is to send money to one of world’s best-known charities. Superstorm Sandy hit the Northeast U.S. in October 2012, devastating parts of…Read More

Category: Really, really bad calls

Single Variable Market Analysis is for Losers

If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet offered with the highest degree of certainty. The way this works is as follows: Some ominous data point will be shown, along with…Read More

Category: Analysts, Data Analysis, Investing, Philosophy, Psychology, Quantitative, Really, really bad calls

Are the Rating Agencies About to Get Their Comeuppance?

This week in encouraging news, we learn that the Securities and Exchange Commission may finally be pursuing one of the prime enablers of the financial crisis — the ratings companies. Previously, it was reported that disclosure violations were on the SEC’s radar, but truth be told, those are minor offenses. The SEC’s Office of Credit…Read More

Category: Analysts, Bailout Nation, Credit, Really, really bad calls, Regulation

What Are the Dumbest Investment Ideas of 2014?

In my day job, I see lots and lots of really silly things. Portfolios transfer in filled to the brim with junk, silliness and evidence of malicious intent. I am working on my list of Dumbest Investment Ideas of the Year, but I am curious if any of you have seen anything that stood out…Read More

Category: Investing, Really, really bad calls

No Exit: US Foreign Policy FlowChart

Source: The Vulgar Trader

Category: Politics, Really, really bad calls