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Poor and Stupid

How big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good.

My Guru Grade

Posted on 10/10/2007 12:20 PM | Link | Post Comment
Hey, Mom! Look! I'm a guru! And I've been graded. And pretty near the top, too. Glad to see CXO Advisory Group trying to bring some accountability to the market forecasting game. I don't envy them the challenge. It's hard to extract testable predictions from things we gurus write. Our predictions are often probabilistic, and apply to varying timeframes. And some of us -- hopefully not me -- write in ways deliberately designed to defy future objective scrutiny. Here's what CXO says about me:
Don Luskin's market outlook generally addresses the intermediate and long terms. His expectations for the market were mostly on-target with respect to overall market direction for 2001-2003, if somewhat early in calling the bottom. He has been over-optimistic for 2004-2006, but has recently turned pessimistic for the long term.
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