Sunday, June 14, 2009

Dance party

Business Insider has a story about the wisdom of crowds, with the now "infamous" dancer that makes a crowd.

MSN also highlighted the video on Friday.

Not bad. The mainstream press caught on only two weeks later after I highlighted it!

Sunday, May 31, 2009

The unstoppable bull market

Here's the conversion of the mutual fund managers to the bull market, much to the chagrin of the intellectual head fund managers that remain short. Do these guys really think that everyone will remain on the sidelines, just because they're short?

At first, the bears just laughed at those who danced with the bull.

Who's laughing now?

As Chuck Prince, Citigroup's ex head said, "We're still dancing!"

And now they are dancing over the bear's graves!

But they still don't get it. The "hat tip" came from Paul Kedrosky. Remember his "hat tip" before that?

Probably not, but I do.

It was the Angler fish cover of the economist.

Paul Kedrosky then said, "Good cover on the current issue of The Economist."

Two stories, two different interpretations.

But I give you the story that the market buys.

After all, would an economist pick up a $100 bill?

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