Recent Blog Posts
-
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:47 am EDT
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Felix Salmon, Stock Picker
This is kinda funny. Some site called SocialPicks seems to have determined that I'm a stock picker, and that this post in particular constituted a sell recommendation on Lehman Brothers. Since Lehman's gone up since then, my "All-time Return" is -52.23% to date.
Of course, I'm not a stock picker. But even if I were, how could that post be construed as being bearish? The headline is "Lehman Will Survive", and here's the conclusion:
I'm calling for Lehman to survive this crisis. And that which doesn't kill Lehman Brothers, as we saw in 1998, has a tendency to make it stronger.
I'm glad that "Nobody is following Felix Salmon" so far. If they were, and they read my posts the same way that SocialPicks does, they'd've lost half their money already.
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