Forget the oddsmakers. What does the smart money on Wall Street say about the Super Bowl this Sunday? Green Bay over Pittsburgh.
Using a model that assigns teams in the National Football League a value for outperforming market expectations — what investors call alpha — the Packers will beat the Steelers because the Packers’ alpha is lower....
On January 30, the New York Post took a dig at Minnesota Congresswoman Michele Bachmann, who was accused of “rewriting history” by uttering the following statement about Black History Month:
“We know there was slavery that was still tolerated when the nation began. We...
Unless you’re afraid of heights, I’m pretty sure that everyone has dreamed of being able to fly at some point in their lives. But I mean more like soaring above the clouds like an airplane, not skimming a couple of feet above an asphalt road like you do in this StreetFlyer contraption.
Michael Lewis with another reminder that, for brokerage-firm analysts, it's safer to be bullish and wrong than bearish and right... (video below)
Remember a couple of years ago when everyone from Ben Bernanke to the heads of Wall Street banks defended their role in the financial crisis by saying "no one could have seen this coming?"
Well, that...
