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Wednesday, November 04, 2009
# Posted 9:10 AM by Ariel David Adesnik
How'd he do it? Research. Grasping for new ideas, [Paulson researcher Paolo] Pellegrini added a "trend line" that clearly illustrated how much prices had surged lately. He then performed a "regression analysis" to smooth the ups and downs.And so he did. In hindsight, we logically conclude that Paulson is brilliant. But who was saying that three years ago? I'm a defense analyst, so I really have no idea if money men should've been paying more attention to Paulson. But regardless of the discipline, a major crisis seems to clear away the underbrush and reveal a proud few who saw what was coming. And regardless of the discipline, it remains extremely hard to tell if those few were lucky or smart. Cross-posted at Conventional Folly (5) opinions -- Add your opinion
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