Posts filed under “UnGuru”

Well Hedged Predictions

click for original cartoon
hedged
Source: Medium:

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

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

Rupert Murdoch and The Dumbest Chart in the World

Yesterday morning, we learned of Rupert Murdoch’s bid for Time Warner for as much as $85 dollar a share, or more than $75 billion. Soon after, the annotated chart below showing the Standard & Poor’s 500 Index began circulating on trading desks and websites, suggesting Murdoch’s offer signaled a market top. Source: Financial Insyghts LLC…Read More

Category: Cognitive Foibles, Investing, M&A, UnGuru

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

Context Required: Mom & Pop vs Professional Investors

This morning, I want to direct your attention to a Bloomberg News article titled “Individuals Pile Into Stocks as Pros Say Bull Is Spent..” It is a worthwhile read, but a bit of context is required. The article notes that Main Street and Wall Street are allocating money in diametrically opposed ways: “Individual investors are…Read More

Category: Investing, UnGuru

Dumbest Investing Ideas of 2014

The Worst Investing Ideas I’ve Heard This Year (so far) Barry Ritholtz Washington Post, July 5, 2014     As the second quarter comes to an end, my top 10 list of dumb investment ideas is filling up. All of these would be fairly foolish in any year. (Feel free to explain to me why…Read More

Category: Investing, IPOs, Mutual Funds, UnGuru

It’s a Bubble! It’s a Recession! It’s a Crash!

When was the last time anyone got good investing advice from the front page of a newspaper or magazine or from a television pundit? That is the question I have been pondering during this market cycle. Whether it is the price of equities or the state of the economy, I have grave reservations about relying…Read More

Category: Cognitive Foibles, Financial Press, Markets, Psychology, UnGuru

Marc Faber: Here Comes the Bear Market

Give credit where credit is due: Faber admits his prior crash forecast(s) were wrong.

How wrong? Calculated Risk observes that the market is up 40% since his 2012 prediction.

 

Marc Faber: The asset bubble has begun to burst, here comes the bear market

Source: CNBC

 

Category: Really, really bad calls, UnGuru, Video

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

External Prominence and Minimum Speaking Fee

Source: Center for Research in Economics, Management and the Arts     I don’t know what to make of this chart . . .

Category: Digital Media, UnGuru