Alf Landon's Comments Alf Landon's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/328180/comments Let's Not Get Carried Away: It's Still a Bear Market http://seekingalpha.com/article/127872-let-s-not-get-carried-away-it-s-still-a-bear-market?source=feed#comment-440414 440414 Wed, 25 Mar 2009 21:08:04 -0400 In Defense of CNBC (Sort Of) http://seekingalpha.com/article/125954-in-defense-of-cnbc-sort-of?source=feed#comment-425810 425810 Sat, 14 Mar 2009 15:17:32 -0400 The Unintended Consequences of Levying a .25% Stock Transaction Tax http://seekingalpha.com/article/122894-the-unintended-consequences-of-levying-a-25-stock-transaction-tax?source=feed#comment-404746 404746 Thu, 26 Feb 2009 13:18:45 -0500 Betting: The Line on 'Depression' http://seekingalpha.com/article/114970-betting-the-line-on-depression?source=feed#comment-357219 357219
It boggles the mind that so much automatic credibility is granted to economic policymakers and stock analysts when their predictive abilities are so uniformly bad. Our childrens' future relies on the insights of glorified chicken entrails readers.]]>
Fri, 16 Jan 2009 00:08:11 -0500
It boggles the mind that so much automatic credibility is granted to economic policymakers and stock analysts when their predictive abilities are so uniformly bad. Our childrens' future relies on the insights of glorified chicken entrails readers.]]>
Want to Reform Wall St.? Bring Back Partnership Investment Banks http://seekingalpha.com/article/114253-want-to-reform-wall-st-bring-back-partnership-investment-banks?source=feed#comment-352833 352833 Sun, 11 Jan 2009 21:26:12 -0500 We Are the Mushrooms of This Economy http://seekingalpha.com/article/114223-we-are-the-mushrooms-of-this-economy?source=feed#comment-352816 352816
It is best to strike while the iron is still hot. After v. 1.0 fizzles in strength and as conditions deteriorate, the populace will become more cynical and stingy.]]>
Sun, 11 Jan 2009 20:34:04 -0500
It is best to strike while the iron is still hot. After v. 1.0 fizzles in strength and as conditions deteriorate, the populace will become more cynical and stingy.]]>
Real Unemployment Closer to 18%: Watch Those Long Positions http://seekingalpha.com/article/114210-real-unemployment-closer-to-18-watch-those-long-positions?source=feed#comment-352700 352700
I expect this plan to be the most pork-laden bill ever. Let's hope it works. I have my doubts.


On Jan 11 10:16 AM Herbert Hoover wrote:

> The statistics coming out of this administration are highly suspect
> - the revisions keep coming and - in case you haven't noticed - they
> are always on the downside. Politicians are liars and the Bush people
> are really good politicians.]]>
Sun, 11 Jan 2009 17:20:47 -0500
I expect this plan to be the most pork-laden bill ever. Let's hope it works. I have my doubts.


On Jan 11 10:16 AM Herbert Hoover wrote:

> The statistics coming out of this administration are highly suspect
> - the revisions keep coming and - in case you haven't noticed - they
> are always on the downside. Politicians are liars and the Bush people
> are really good politicians.]]>
Will 2009 Bring Ring Three of the Financial Circus? http://seekingalpha.com/article/113123-will-2009-bring-ring-three-of-the-financial-circus?source=feed#comment-345932 345932 Sun, 04 Jan 2009 22:06:45 -0500 Preventing the Depression of 2009 http://seekingalpha.com/article/112675-preventing-the-depression-of-2009?source=feed#comment-342128 342128 Tue, 30 Dec 2008 23:39:58 -0500 Preventing the Depression of 2009 http://seekingalpha.com/article/112675-preventing-the-depression-of-2009?source=feed#comment-342095 342095
It seems problematic as a permanent mechanism. First, it would stifle innovation by quashing incentive. A company in the S&P wouldn't be properly rewarded for outperforming with growth or innovation or fiscal prudence. They would be valued on the same metric as the rest of the staid group. Worse, laggers could ride on inertia. Corporate lethargy would prevail. Investors would be turned off and the government would ultimately subsidize incompetence. Second, any US index does not exist in isolation. Better opportunities abroad would become apparent. Better domestic alternatives would even be available. Fourth, outperformers would be unfairly squeezed from raising capital in secondary offerings, etc.

There are undoubtedly many more negatives. It seems prima facie a bad idea. Nothing, however, seems off the table now. How to avoid bubbles and the ramifications? Some other way. ]]>
Tue, 30 Dec 2008 22:35:03 -0500
It seems problematic as a permanent mechanism. First, it would stifle innovation by quashing incentive. A company in the S&P wouldn't be properly rewarded for outperforming with growth or innovation or fiscal prudence. They would be valued on the same metric as the rest of the staid group. Worse, laggers could ride on inertia. Corporate lethargy would prevail. Investors would be turned off and the government would ultimately subsidize incompetence. Second, any US index does not exist in isolation. Better opportunities abroad would become apparent. Better domestic alternatives would even be available. Fourth, outperformers would be unfairly squeezed from raising capital in secondary offerings, etc.

There are undoubtedly many more negatives. It seems prima facie a bad idea. Nothing, however, seems off the table now. How to avoid bubbles and the ramifications? Some other way. ]]>
Dennis Gartman: Go Long Infrastructure, Short Everything Else http://seekingalpha.com/article/112403-dennis-gartman-go-long-infrastructure-short-everything-else?source=feed#comment-341645 341645 Tue, 30 Dec 2008 14:06:17 -0500