How to save a friend from the false prophet Nouriel Roubini
Source: http://www.investmentpostcards.com/2009/10/21/how-to-save-a-friend-from-the-false-prophet-nouriel-roubini/Posted on Wednesday, October 21st, 2009 | In Investing Lessons, Market Commentary
This is a guest contribution by Damien Hoffman, editor of the very popular Wall St Cheat Sheet blog. Make sure to add this site to your must-read list.
In August I wrote an article “Is Nouriel Roubini a false prophet?” Apparently, some people are so smitten with Roubini they actually ignored all the cited articles and said, “No”. Consequently, I teamed up with a group of people around the world on an open source project to continue our mission exposing false prophets and help unwash those well-meaning brains.
The video below is a large collection of evidence proving Roubini has an horrendous record as a prognosticator. If you too know someone who has been listening to the seductive sounds of Roubini’s mantras, send them this helpful deprogramming message.
Source: Damien Hoffman, Wall St. Cheat Sheet, September 3, 2009.
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Damien Hoffman, editor, Investing Lessons, investment postcards, Market Commentary, to add this site
 About Prieur du Plessis (http://www.investmentpostcards.com)
Prieur du Plessis has 25 years’ experience in professional investment research and portfolio management. More than 1,000 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns. He has also published a book, Financial Basics: Investment. Prieur is chief executive and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and other African countries. Plexus is the South African partner of John Mauldin, author of the Thoughts from the Frontline e-letter, and also has an exclusive licensing agreement with California-based Research Affiliates for managing and distributing its enhanced Fundamental IndexTM methodology in the Pan-African area. Prieur is 52 years old and lives with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His recreational activities include long-distance running, motor cycling, traveling and reading. |
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