If you laid a thousand economists end to end, they would point in all directions.
However, one of those directions would turn out, by the sheer workings of random chance, to have been correct, and that guy will be telling you about it for the next 30 years, each time inviting you to follow his next bit of advice as well, for only a small monthly fee of …
The CEO big wheel (pun intended) can then shirk all responsibility. If everything fails, he still gets his multimillion dollar bonus and severance package.
This is EXACTLY why the Stock Market looks like a Roller Coaster Chart every day. Idiot Traders who roll dice or spin a wheel whether to buy or sell, INSTEAD of gauging a company’s Worthiness as a Good or Bad company.
When I graduated from engineering school 40 years ago I thought I was hot sh&#: Making a decent salary after years of scrimping. Finally when had a reliable car and no debt I decided I ought to think about investing for the future. I met with 2~3 stock brokers and listened to their spiel over lunch and quickly decided they had no idea why the market would trend up or down. It was a craps game. Haven’t changed my mind in 4 decades and I sleep at night…
salakfarm Premium Member over 2 years ago
Two buys, two sells, one dump. That means 60% get out of the stock market.
eastern.woods.metal over 2 years ago
As good as any other method and no expensive consultants
Scorpio Premium Member over 2 years ago
It won’t be any more accurate than it currently is.
Wilde Bill over 2 years ago
They got tired of the Voodoo priestess casting chicken bones.
Superfrog over 2 years ago
I’m betting that these people are financial advisers.
Charliegirl Premium Member over 2 years ago
I guess that’s why he gets the BIG BUCKS!
Say What? Premium Member over 2 years ago
It’s his job he’s gambling, but it’s the employees further down the ladder who are dealt the consequences first when decisions go south.
PraiseofFolly over 2 years ago
That Wheel of Fortune is usually hidden discreetly behind the Boardroom door.
sandpiper over 2 years ago
Looks like 40% each pro or con, 20% dump. What happens if the arrow lands on a line? Another spin or flip a coin.
michaeljwolff over 2 years ago
I was sort of hoping to see the Thunderdome wheel.
LawrenceS over 2 years ago
I know people for whom random chance would be more effective than their decision making abilities.
keenanthelibrarian over 2 years ago
But – isn’t that what they do, anyway??
sirbadger over 2 years ago
He used the latest artificial intelligence to design the wheel.
Richard S Russell Premium Member over 2 years ago
If you laid a thousand economists end to end, they would point in all directions.
However, one of those directions would turn out, by the sheer workings of random chance, to have been correct, and that guy will be telling you about it for the next 30 years, each time inviting you to follow his next bit of advice as well, for only a small monthly fee of …
daveoverpar over 2 years ago
Congressional meeting room.
morningglory73 Premium Member over 2 years ago
Leaving it up to chance?
Redd Panda over 2 years ago
What was wrong with rolling the dice?
Today? No respect for tradition.
Count Olaf Premium Member over 2 years ago
Be married to Nancy Pelosi and drink a lot.
Display over 2 years ago
With so many already rich senators, let’s not forget a few other things.
Like how’s your investment in Rump’s Casinos doin’? Or those steaks? Or RumpU? Or the donations to the AZ recounts?
Want to start comparing notes on the RWNJ side of all the insider trading that’s proven, not just allegations, let alone imagination?
Great Big Hint: Don’t trust anybody who’s ridiculously wealthy and tries to tell y’all they’re just like you.
vaughnrl2003 Premium Member over 2 years ago
Frankly, it beats my strategy. I just let the 401k guys decide.
kathleenhicks62 over 2 years ago
Isn’t that how it is already done?
monya_43 over 2 years ago
The CEO big wheel (pun intended) can then shirk all responsibility. If everything fails, he still gets his multimillion dollar bonus and severance package.
mistercatworks over 2 years ago
There has now been more than a billion dollars spent on ways to get an AI to spin the wheel. :)
willie_mctell over 2 years ago
Where’s sell short?
bdpoltergeist Premium Member over 2 years ago
new (current) definition of “Board Games” ?
waltermatera over 2 years ago
This cartoon is for those who think hedge fun managers are smart.
websterphreaky over 2 years ago
This is EXACTLY why the Stock Market looks like a Roller Coaster Chart every day. Idiot Traders who roll dice or spin a wheel whether to buy or sell, INSTEAD of gauging a company’s Worthiness as a Good or Bad company.
Ka`ōnōhi`ula`okahōkūmiomio`ehiku Premium Member over 2 years ago
Actually, that works as well as an analysis.
Remember: analysis begins with ‘anal.’
stick&rudder over 2 years ago
When I graduated from engineering school 40 years ago I thought I was hot sh&#: Making a decent salary after years of scrimping. Finally when had a reliable car and no debt I decided I ought to think about investing for the future. I met with 2~3 stock brokers and listened to their spiel over lunch and quickly decided they had no idea why the market would trend up or down. It was a craps game. Haven’t changed my mind in 4 decades and I sleep at night…
schaefer jim over 2 years ago
I always wonder how they determine how they decide the market, now I know.
Bilan over 2 years ago
The stock market is a zero-sum game and the rich traders have an advantage. so of course your going to lose in the long run.
Realimaginary1 Premium Member over 2 years ago
What?? No Free Spin?!!
Baucuva over 2 years ago
They had to switch it up. The monkeys kept hitting people with the darts.
wiatr over 2 years ago
Probably gives them a better result!
Sir Isaac over 2 years ago
Insider trading and bribes are best, otherwise a coin flip is as good as anything.
keenanthelibrarian over 2 years ago
Love the croupier waiting to spin the whatever-it-is .. Mesdames et messieurs, faites vos jeux!
Enter.Name.Here over 2 years ago
Get a real staff with the necessary skills instead of the lowest bidders?
198.23.5.11 over 2 years ago
Ah,yes.The old “Chimpanzee picks winning TV programs” ploy
MCProfessor over 2 years ago
The dumb choice is unnecessary it’s understood.