Salesmen always need something to sell.

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

You can blow on the dice all you want, but whether they come up seven is still a function of random luck.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

Never forget this simple truism: Forecasting is marketing, plain and simple.

Salesmen always need something to sell.