The Events of 2008 exposed the fact that many of the models and assumptions used by the Investment and Academic Community were simply wrong.

Yet a year later many are still selling these same flawed models and ideas.

What does that tell you.

It's no wonder that what became apparant after the crisis is how many people did not understand what they were selling and how many people did not understand what they were buying and how many "experts" did not understand what the the hell they were talking about and still don't but keep talking.

Here are some examples : one old  - one new

 Peter Schiff was right - http://www.mainandwalltv.com/
Smackdown:Rosenberg vs. Epstein : www.ritholtz.com/blog/2010/07/smackdown-rosenberg-vs-epstein


"It's what you learn after you know everything that counts."

    John Wooden