Lessons from a Vineyard: Ignore Predictions
Civil war broke out in the Lebanon in 1977. As Nicholas Taleb recalls in The Black Swan, adults at the time were utterly confident that the war would end in "only a matter of days."
Civil war broke out in the Lebanon in 1977. As Nicholas Taleb recalls in The Black Swan, adults at the time were utterly confident that the war would end in "only a matter of days."
Happy New Year! We've had the pleasure of helping to create and now write and and moderate this automotive blog beginning in June, 2008, and so far i...
CNBC's Erin Burnett gave an interview in Men's Health magazine entitled "8 Ways To Impress Me" which is breathtaking in its vapidity.
The reason we are not all responsible is the same reason teenagers are not responsible for becoming addicted to cigarettes.
In an earlier post, I ended by paraphrasing Lenin, "Wall Street will sell us the rope to hang American Capitalism." Well, in Citigroup we have created the perfect "Grim Reaper."
For the first time ever, an unguarded Saudi oil tanker displacing 318,000 tons (the size of a small island), sailing off the Kenyan coast, was picked off by a band of pirates operating a motorized dinghy.
Nuclear reactors and oil are both types of energy, just as apples and vodka both types of calories. No one in the real world considers one to be an economic substitute for the other.
I got the distinct impression that, in general, CNBC chose its on-air people based on their knowledge and expertise and FBN chose its on-air people based on their looks and personality.
Timothy Sykes turned $12,415 of his Bar Mitzvah money into $1.65 million, and then he lost it. Sykes, now 27 years old, wants his full $1.65 million back, and he is bringing his fans along the way with a detailed step-by-step blog.
The question is: what country does Charlie Gasparino live in? A country where the pressure to make Bush's insane and ineffective tax cuts permanent will grow louder as January 20th approaches.
The ever obliging oil industry commentators and talking heads are falling all over themselves complimenting the Saudis for their seriousness in abiding by its OPEC allocation.
While my usual plan is to hit the vintage shops in South Beach, you know I'm feeling the lack of a paycheck when I obviously am fearful of buying Walgreen's $9 flip flops. In fact, other than sunshine and palm trees, I'm still watching CNBC from either my bed or my gym.
On Thursday morning, after the Senate passed the bailout/rescue/recovery legislation, I got up and began watching CNBC. Then, in an act of self-flage...
Encouraging the auto industry to adhere to higher standards and pursue hybrid technology will reduce our dependence on all oil. Drill, baby, drill? No. Think, baby, think.
"The only way some people look good is to make others look bad." GIVE ME A BREAK: protesters, tours, and garbage rats, what the hell is wrong with yo...
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BIG kudos to CNN! im a big CNBC fan but CNN made it simple for the lay person to understand what the hell is going on in the money world. they can def. attract new viewers with this kind of reporting. CNBC: take note.
The book is clearly written, convincing, and even enjoyable. Definitely a must-read for anyone who wants a better understanding of investing.
I look forward to buying and reading this. I have tuned into Ali throughout this crisis, and he always explained it in terms that even I can understand. let's hope the title will come true for many of us.... thanks for the help.
Velshi is 1000% correct. You can sit home and wonder from where and how you're going to get your money back, or you can stay invested smartly, even if it's just bonds, funds or T-bills, etc. He's not talking about buying the next pets.com, he's talking about being INFORMED.