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October 19, 2007

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dblwyod

Who says we don't ? That may not be a good column for your objectives but may for the reporter and the intended audience. Not being snide about the market speaking per se but there's a point about it. It takes a fair level of competence to willfully craft something that well that sounds that good that slides by that much substance while still making ones point. If you think it's easy try it !

Recall talking to Charles Plott about agenda-management when he was working on that at CalTech and made the wry observation that he did better at the analysis pre- and ex-post but the darn sociologists seemed to do heuristic calculations during committee meetings much faster. And thereby got their goals voted in verses his "ideal" outcome

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