The wise Paul Kedrosky has a bit of fun with a blurb from a well-known investment newsletter today.
Paul Kedrosky: Project: Deciphering Financial Newsletter SpeakCyclically, 2008 is a pivotal year. The beginning of the year will look much different than the end. Looking back on 2008 people will be astonished by how much perceptions shifted and change occurred. Friends will be enemies and enemies will be friends. Amid all of this social turmoil there will be an ever increasing number of fads.
Aside from reinforcing that famous saw about Wall Street that "nobody knows nothing," that passage makes me wonder which field has more meaningless but impressive sounding gibberish, investing newsletters or post modern literary criticism.
Thursday, January 03, 2008
Almost Worthy of Quote of the Day
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