Seven habits that help produce the anything-but-efficient markets that rule
the world 1. Think short term. 2. Be greedy. 3. Believe in the greater fool 4.
Run with the herd. 5. Overgeneralize 6. Be trendy 7. Play with other people's
money -Paul Krugman, Fortune.
Saturday, January 10, 2009
This one seemed so dead on, I had to rip it off from Barry L. Ritholtz (the article on Rove' horseshit revisionism the link directs you to, about the housing crisis, is pretty good as well):
at 4:35 AM