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Zero Hedge can't help but note that BofA's 29-year-old senior economist espousing wisdom on CNBC...

Zero 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.
Comments (9)
  • wyostocks
    , contributor
    Comments (7873) | Send Message
     
    I think we all have come to expect nothing better than this from CNBC. This station has gone so far downhill in the last few years that it is really pitiful. It must be painful for the old timers there to still work there.
    13 Mar 2012, 10:31 AM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (543) | Send Message
     
    And if 80 year old Barton Biggs were on, ZH would be making fun of him too!
    13 Mar 2012, 10:39 AM Reply Like
  • silence_twain
    , contributor
    Comments (339) | Send Message
     
    I believe there is a typo. It should be CNBS not CNBC!
    13 Mar 2012, 10:46 AM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    The best part is the 29 year olds don't know any better.
    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.
    13 Mar 2012, 10:55 AM Reply Like
  • AlexanderHamilton
    , contributor
    Comments (3) | Send Message
     
    You don't need to be one-hundred to know what happened one-hundred years ago. I didn't see the interview, but if the person knew what he was talking about then what's the problem with him being 29?
    13 Mar 2012, 11:19 AM Reply Like
  • JoshBand
    , contributor
    Comments (6) | Send Message
     
    Exactly. I don't need to check the birth certificate of the tour guide who is showing me around a civil war battlefield.
    13 Mar 2012, 12:01 PM Reply Like
  • wyostocks
    , contributor
    Comments (7873) | Send Message
     
    alex..................
    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.
    13 Mar 2012, 12:07 PM Reply Like
  • wyostocks
    , contributor
    Comments (7873) | Send Message
     
    josh
    Does the same hold true for a brain surgeon?
    13 Mar 2012, 12:08 PM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    I haven't seen the interview either, and if it's on CNBC then it's probably rubbish, but it's not only 29 year olds who have been screwing up for the last few decades.

     

    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)
    13 Mar 2012, 12:03 PM Reply Like
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