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  • Ben Stein Watch: January 11, 2009 [View article]
    This is the same Ben Stein who stridently argued with Peter Schiff in August of 2008 that Financials were the place to be. They were so cheap that they were 'giving them away'. As we all know, since then XLF has dropped about 50% and it would probably be worse if TARP wasn't covering up most of the financial ruins in the banking sector.

    The really dangerous people are those who are smart, but not smart enough (or too full of themselves) to realize what they don't know and act accordingly. Usually they're just smart enough to put up a good front backed by little or no substance.

    The (actual) smartest people I've ever met are the first ones to point out that they might be wrong about anything, even their field of expertise.

    When Ben Stein starts adding cautionary statements regarding how dangerous any particular course of action might be, then I might start considering his conclusions as something more than a release of hot air from his over-inflated ego.
    Jan 13 09:44 am |Rating: 0 -1
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