Posts filed under “Really, really bad calls”

Welcome to the Muppet Economy

Slipping back into my regular routine is sometimes a challenge after a few days of traveling. The first day back in the markets — especially following a week like we had to end July and begin August — can be a bit of an adjustment.

A few days away allows the accumulation of jaded skepticism to wane a bit. Hence, the surprise that registered this morning when I read a Wall Street Journal article on “How Individual Investors Can Invest Like a Hedge Fund.” The article goes on to look at three possible ways that an ordinary investor can deploy their capital “like a hedge fund without hefty expenses.”

What it failed to explain is why ordinary investors would or should want to do this.

Continues here

 

Category: Hedge Funds, Investing, Really, really bad calls

Beware those who are never, and can never be wrong.

Lately, I have been hear an interesting type of argument. It is a form of debate that is both disingenuous and dishonest. We will call this the “Can’t Lose Argument,” or CLA. Worse than confirmation bias, it is a money-losing exercise in narcissism. The CLA goes something like this: A data point will be mentioned,…Read More

Category: Psychology, Really, really bad calls

Well Hedged Predictions

click for original cartoon Source: Medium:

Category: Hedge Funds, Humor, Really, really bad calls, UnGuru

Free Lunch Over for Money-Market Funds

Of all the outrages endured during the financial crisis, perhaps the most perplexing involved money-market mutual funds. In an example of moral hazard writ large, this uninsured risk instrument — with $2.57 trillion in assets — somehow became too big to fail. Five years later, the Securities and Exchange Commission is finally taking steps to…Read More

Category: Mutual Funds, Really, really bad calls, Regulation

NSA Communication Breakdown

Source: Washington Post

Category: Really, really bad calls

Confessions of an Inflation Truther

There is a group of folks who believe that inflation is much higher than the numbers in the official reports. Paul Krugman calls them “inflation truthers.” In the 2000s, I might have been considered part of that crowd. I recognized that inflation data wasn’t being reported accurately, and said as much. I coined the phrase…Read More

Category: Inflation, Really, really bad calls, UnGuru

Graphic Language: The Curse of the CEO

I love this article: F-Bombs Tolerated in Recession Cause CEOs Trouble Later It turns out that public profanity among top executives is sensitive to economic conditions, according to a Bloomberg News review of thousands of CEO calls with investors and analysts from 2004 to last month. It spiked in the aftermath of the recession in…Read More

Category: Corporate Management, Earnings, Really, really bad calls

Government’s Most Visible Failures, 2001-2014

Click for even more interactive data and assorted interesting things. Source: Brookings Institute

Category: Really, really bad calls

Liesman to Santelli: “You Are a Money Loser!”

As a reminder, this is why you should leave your TV off all day . . .   Be sure to watch until the very end . . .   Is Yellen risking inflation? Source: CNBC, Mon, 14 Jul ’14 | 12:01 PM ET

Category: Financial Press, Investing, Really, really bad calls, Television, UnGuru

We Need More Futile Empty Gestures in Foreign Policy!

In today’s “Global Outlook,” Bloomberg’s Barry Ritholtz discusses Israel weighing a possible ground operation to quell weeks of Palestinian rocket fire into its territory. He speaks with Trish Regan on Bloomberg Television’s “Street Smart.”

Will the U.S. Intervene in Israel-Hamas Conflict?

Source: Bloomberg, July 8 2014

Category: Media, Really, really bad calls, Video, War/Defense