Forum Replies Created
-
AuthorPosts
-
EconProf
ParticipantFor the record, Cramer has a HORRIBLE forecasting record. About a year ago he was on the cover of Barron’s magazine, which pointed out his bleak history of hardly ever getting anything right. He is entertaining to watch, but should be taken as a contrary indicator.
Also, at the height of the dot-com boom, he listed 10 stocks he recommended buying. Some time later, all but one was kaput or had plummeted in value.
Guys like Cramer and locally, George Chamberlin, need to be held to account for their record. Too often they escape scrutiny by a lap-dog press.ParticipantFor the record, Cramer has a HORRIBLE forecasting record. About a year ago he was on the cover of Barron’s magazine, which pointed out his bleak history of hardly ever getting anything right. He is entertaining to watch, but should be taken as a contrary indicator.
Also, at the height of the dot-com boom, he listed 10 stocks he recommended buying. Some time later, all but one was kaput or had plummeted in value.
Guys like Cramer and locally, George Chamberlin, need to be held to account for their record. Too often they escape scrutiny by a lap-dog press.ParticipantFor the record, Cramer has a HORRIBLE forecasting record. About a year ago he was on the cover of Barron’s magazine, which pointed out his bleak history of hardly ever getting anything right. He is entertaining to watch, but should be taken as a contrary indicator.
Also, at the height of the dot-com boom, he listed 10 stocks he recommended buying. Some time later, all but one was kaput or had plummeted in value.
Guys like Cramer and locally, George Chamberlin, need to be held to account for their record. Too often they escape scrutiny by a lap-dog press.ParticipantA condo complex that would allow short-term vacation rentals in a beach or bay area sounds like a recipe for deterioration in the long run. The type of tenants renting there would drive out the good owner-occupiers, spelling doom for hopes of long-term appreciation. Plus, financing would become less likely, which would really hurt values.
In short, if they would take vacation renters, I wouldn’t buy.
I think it was Groucho Marx who said of a Country Club “If they would take someone like me, I wouldn’t want to join them.”ParticipantA condo complex that would allow short-term vacation rentals in a beach or bay area sounds like a recipe for deterioration in the long run. The type of tenants renting there would drive out the good owner-occupiers, spelling doom for hopes of long-term appreciation. Plus, financing would become less likely, which would really hurt values.
In short, if they would take vacation renters, I wouldn’t buy.
I think it was Groucho Marx who said of a Country Club “If they would take someone like me, I wouldn’t want to join them.”ParticipantA condo complex that would allow short-term vacation rentals in a beach or bay area sounds like a recipe for deterioration in the long run. The type of tenants renting there would drive out the good owner-occupiers, spelling doom for hopes of long-term appreciation. Plus, financing would become less likely, which would really hurt values.
In short, if they would take vacation renters, I wouldn’t buy.
I think it was Groucho Marx who said of a Country Club “If they would take someone like me, I wouldn’t want to join them.”ParticipantA condo complex that would allow short-term vacation rentals in a beach or bay area sounds like a recipe for deterioration in the long run. The type of tenants renting there would drive out the good owner-occupiers, spelling doom for hopes of long-term appreciation. Plus, financing would become less likely, which would really hurt values.
In short, if they would take vacation renters, I wouldn’t buy.
I think it was Groucho Marx who said of a Country Club “If they would take someone like me, I wouldn’t want to join them.”ParticipantA condo complex that would allow short-term vacation rentals in a beach or bay area sounds like a recipe for deterioration in the long run. The type of tenants renting there would drive out the good owner-occupiers, spelling doom for hopes of long-term appreciation. Plus, financing would become less likely, which would really hurt values.
In short, if they would take vacation renters, I wouldn’t buy.
I think it was Groucho Marx who said of a Country Club “If they would take someone like me, I wouldn’t want to join them.”ParticipantUnclear question. Please define your terms.
ParticipantUnclear question. Please define your terms.
ParticipantUnclear question. Please define your terms.
ParticipantUnclear question. Please define your terms.
ParticipantUnclear question. Please define your terms.
ParticipantI have an entirely different take on his data–looks extremely pessimistic to me. Especially telling is his “negative-feedback loop” wherein the decline will feed on itself in a downward spiral. A variety of factors will combine to bring about an acceleration of the decline in the next few months. No signs of hope there.
-
AuthorPosts
