Frederick Sheehan

Helping the Fellow Out

After biotech stocks hiccupped on Thursday, April 11, 2014, ISI analyst Mark Schenebaum told the world: “Horrible day in biotech. I’m frankly at a loss for an explanation. And it’s my job to know why. [The reason he gets paid the big bucks - FJS.] Schenebaum “has been following the sector since 2000,” but maybe spent too much time golfing.

Silent Minority or Majority?

This is a syndicated repost courtesy of Au Contrarian. To view original, click here. Understanding what the people think (popular opinion) is a difficult task. It is not the same as what the experts and media tell us to think (public opinion), but the two have much in common. The correct judgment of if, or…

Another Go

The 2008 transcripts were released in late-February. Most media operations published stories about the Fed’s absent-minded professors who missed the importance of failing financial institutions during 2008. This was not news.