Sunday, February 17, 2013

Careers in bullshitting

I've had a bit of fun sniffing out the career paths where your bullshitting skills are going to take you a long way.

Politics.

Economics.

Practically anything with the word "analyst" in the job description.

Psychoanalyst would pretty much be at the top of the pile.

Have you ever noticed that your top Hollywood neurotics have all been in therapy for 20, 30, 40 years?

And they're not getting better?

But I digress.

Here's a stock market analyst  a couple of years ago who sees a $14 share price for Postmedia.

As in most bullshitting trades, you are never held accountable when your bullshit turns out to be bullshit.

Postmedia is about two bucks at the moment, and that is just a temporary hiatus on its way to zero.

Go massive short on this piece of shit. It's not a media play, it's a Lazarus play. A few hedgies bought up the debt from the old Canwest and figured they could breathe life into the paper they bought for ten cents on the dollar.

It's sort of working for them so far, but it won't much longer.

This dog will drown.


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