Posts Tagged ‘ Charles Mackay ’

The Madness of Crowds: How to Play Bonds, China, and Gold in 2012

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January 11, 2012
The Madness of Crowds: How to Play Bonds, China, and Gold in 2012

Yes, I know that markets are irrational.

I read Charles Mackay's 1841 classic, "Extraordinary Popular Delusions and the Madness of Crowds" long before it ever became fashionable.

Even so, when you think about it, 2011 must set some kind of record.

As investors, that means we...
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Forbes Polls the Wackosphere and Gets An Earful

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August 31, 2009
Forbes Polls the Wackosphere and Gets An Earful

The editors of Forbes have asked me to give them my economic forecast for the next year (cough, cough, guffaw). Don’t be impressed. They sent the same email to the whole financial wackosphere. I assume that their purpose, as with the entire financial infomercial media, is to poke fun at us wackos so as...
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