On 20/07/2010 3:07 PM, bpuharic wrote:
On Tue, 20 Jul 2010 06:47:48 -0400, wrote:
On Mon, 19 Jul 2010 23:08:45 -0400, wrote:
On Mon, 19 Jul 2010 07:39:08 -0400, wrote:
ahem. let's see....the number of economists predicting this collapse
was about
5.
That may be right but "economists" are largely idiots from what I have
seen.
now THAT is true...
Thee were plenty of hedge fund managers who saw this coming.
Ever hear of the Goldman Sachs thing?
I know for a fact Andy Hannigan at Centex Homes knew this was coming
as early as 2q07. They were pulling back by then.
and there as many HF managers who saw this coming as economists
The earliest predictor I know of was Ron Paul, circa 2002 to 2004. I
listened and I watched. Huge reason that by 2004 I was well in the
swing of moving out of US equity and USDs. Going from 90% in US at 2002
to 12% in 2007. Saved me a lot of losses.
--
Government has liberals, idealists and lawyers, but where is the common
sense?