Sunday, May 31, 2015

A few Sunday reads

Two reads, that's it. Really not even reads, just snarky comments.

Calculated Risk - business executives are not experts in economics. Quote:
Excuse this pet peeve, but for some reason, when a business executive is interviewed on CNBC (and elsewhere), they are asked about economics in addition to their assumed areas of expertise. News flash: Business executives are NOT experts in economics (This should be called the "Jack Welch rule").
No kidding. And yet people still hang on every word from clowns like Kyle Bass and that crazy guy who got fired from Pimco. - Jojo's still waiting for gold. Must really suck to be a TA and spend an entire two years saying "no trade here yet".

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