Archive
Category: Holy Grails
- September 13, 2011Trend Following Does Not Involve Prediction
John Thomas, The Mad Hedge Fund Trader, writes: Fundamental researchers are asserting that at $100 per share in earnings, generating a price earnings multiple of 11.5, stocks are at the historical bottom…
- June 27, 2011A Value Investor’s Perspective on Tail Risk Protection
You are a value investor? You want to protect against tail risk? Two choices: James Montier says this. I say this. Don’t get me wrong, I like Montier’s behavioral views on markets.…
- April 6, 2011Predictive Technical Analysis is the Same as Fundamental Analysis
From Richard Russell: April 5, 2011 — It’s time to clear the record and to make my current thoughts clear. Lowry’s was correct, and my PTI was correct all along. We’ve been…
- March 2, 2011Efficient Markets: Killing Off the Monster
From the Economist: Having lived through the financial crisis of 2007-08, the man in the street might find the idea that markets are “efficient” incredible. But the efficient-market hypothesis, like a Hollywood…
- October 25, 2010Eric Schmidt of Google Can’t Predict the Stock Market
From Eric Schmidt Google’s CEO: “There are many, many things that Google could do, that we chose not to do.” He added: “One day we had a conversation where we figured we…
- August 19, 2010Stephen Bernard, AP Business Writer: Propaganda
Stephen Bernard, AP Business Writer, writes today: “NEW YORK (AP) — Stocks tumbled Thursday after two disappointing economic reports renewed investors’ concerns about the pace of a recovery. The Dow Jones industrial…
- June 5, 2010CNN Bias: Ali Velshi
Let’s be frank: Anyone giving a view to a significant audience is obliged to be truthful. Now, consider this excerpt from CNN today…noting the “angle” (and that’s being nice) that CNN reporter…