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  • Ben Stein Watch: January 11, 2009 [View article]
    A little knowledge can be a dangerous thing. With financial facts hidden by the purposly turbid water in whiich they seem to swim we all should use your disclamer.


    On Jan 13 09:44 AM Smarty_Pants wrote:

    > 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 22:41 pm |Rating: +1 0
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