Inside the Paradox of Predictions
In yesterday’s afternoon reads, I mentioned a Boston Globe story “That guy who called the big one? Don’t listen to...
An Open Letter to Bernanke of Dubious Authorship
The Wall St. Journal, and perhaps other outlets, published an open letter to Ben Bernanke pleading for the immediate discontinuation of...
1987 Redux: Impossible or Likely?
Is a replay of the 1987 crash a realistic likelihood? Well, it depends upon who you ask. And even more important, when you ask them....
Harvard ignored warnings about investments
Harvard ignored warnings about investments: Advisers told Summers, others not to put so much cash in market; losses hit $1.8b By...
The Most Hated Rally in Wall Street History
Over the past few months, I have noted our current bullish posture, along with the reasons for it. Earlier this week, I noted the...
My Bizarre Academic Career
A reader recently asked me what was my undergraduate “Class of”. That turns out to be a surprisingly long story. The short...
An Obama Rally?
My pal and occasional CNBC sparring partner Charlie Gasparino is a great investigative journalist. His book Blood on the Streets is...
NPR: SEC Bans Short-Selling Stocks
> I did a nice interview with NPR on short selling earlier today, which should be live at 3pm. NPR:
Cramer Calls (Yet Another) Bottom in Housing
This week, one of my fellow LIRR commuters handed me a New York Magazine, and asked me my opinion about an article by Jim Cramer...