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Zero Hedge can't help but note that BofA's 29-year-old senior economist espousing wisdom on CNBC...
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Tuesday, March 13, 2012, 10:25 AM ETZero Hedge can't help but note that BofA's 29-year-old senior economist espousing wisdom on CNBC was still in high school when the dot-com bubble blew up.
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Give them all the rope they need. This is shaping up better than i ever expected. All we need now is Obama back in for the second term, (no brainer) and the cycle is complete.
I agree if the person spouting is reciting facts from 100 years ago.
However, when one is asked to give their interpretation of data presented, a bit of experience is necessary no matter how book smart the person might be.
Next time you need an operation, I don't think you'd opt for a first year Dr. no matter how smart they might appear.
Does the same hold true for a brain surgeon?
Take a person based on their knowledge, not their age.
I'm 30 and I've done a LOT better than people much older than me. Why? An understanding of things and a willingness to take in differing viewpoints and filter the BS better than many.
It's sad to hear people who are looking at retirement and (imo rightly) worrying about the horrible state of the stock market, knowing that they should put their money into certain places, but also knowing that if you say something they'll just dismiss it because you're not old and bearded (insert Bernanke pic here)