On Sept 10, 2001 nobody predicted that we would be in a war in Afghanistan.
Posted on 01/06/2011 8:55:12 PM PST by Rabin
Well, what if I gave you the ability to peer into the future, to know — with certainty — how some of these unknowable variables would change over the next 5 years?
What if I guaranteed you that the following predictions about Newmont — Courtesy of my time machine, I can tell you exactly what will happen:
1. The price of gold rises almost 150% 2. Newmont’s earnings more than quadruple 3. Newmont’s dvidend payout rises 50% 4. Newmont’s share count rises less than 10%
NEM goes down. The time period to which I refer is January 2006 to January 2011, and my time machine is called history
(Excerpt) Read more at ritholtz.com ...
I think the stock market is headed for the mother of all triple tops about mid-year.
On Sept 10, 2001 nobody predicted that we would be in a war in Afghanistan.
Well, based on the title I would guess....Hell Yeah!
Triple tops? What do you mean?
Wow. Reading the excerpt alone is enough to inflict brain damage. Can’t imagine how awful the rest of the article must be.
Can’t imagine what you were thinking by posting this.
Do they still have chimpanzees throwing darts at the Wall Street Journal? And are the chimps still as accurate as the ‘experts?’
Look at the tops in '00, '07, and where we're at right now.
So, you’re saying Buy! BUY! ... followed in the summer by BYE BYE!!
You doubt me? Imagine if the CEO of Coke could go back in time and kill the creator of Pepsi. The implications are incalculable. What if you could peer into the future and find that you have become a multi-billionaire. If I had that knowledge, I would never get up before noon.
If I were in I’d keep a close eye on things that’s for sure.
This market is being driven by free money from the Fed. They are just waiting for the suckers to come back.
A simple example why not: imagine that you have an older brother, and as he is walking down the street he gets gunned down by some stray bullet from some MS-13 banger. That really gets you down, and with your astounding intellect you crack the secret for temporal travel, and using your invention go back in time and make your brother sit down for a quick snack of toasted nuts. This means he ends up walking on that same street 30 minutes later, and thus missing the stray bullet by half an hour. Alright, so he is not gunned down. But that means that the incentive for your past self to invent the time machine is no longer there, since your brother is still alive, and thus you do not create the machine. By not creating the machine, that means you did not go back in time to save him, and thus he left in time to catch the bullet. Which means he died. Which means you got so distraught that you created a time machine and went back and saved him. Which means he did not die, and thus you had no incentive to save him. Which means he died. Which means you had to save him. Which means you did not save him. Which means he died. Which means he did not die. Which means he died and did not die and died and did not die and .....time machines cannot exist unless a) all you can do is view and not interact (and anyways, the energy requirements for sending someone back would be huge, much greater than simply viewing), or b) it creates parallel timelines (in this case one where your brother was shot down, and another where he was not ....although you could argue that happens all the time. Imagine if you had married Miss A rather than Miss B. That means a whole different set of family, different relatives, different life situation, etc etc etc. Sometimes it can be a lil' on the scary side. Every decision one makes creates a life for them that is TOTALLY different from what else might have been. Just two days ago a friend of mine was telling me how in November 2010 she gave up her seat in front of a minivan to some lady with crutches - since the lady with crutches required more space, and went to sit behind. That minivan crashed into a parked lorry, and then was hit from behind by another vehicle in what seemed like something out of a crazy movie. Everyone died apart from my friend and three other people, and only my friend came out with literally not a single scratch. Had she not given up her seat she'd be dead. Every single act changes ones life).
Thus, time travel ....unless you are only viewing, or creating parallel timelines, cannot exist. For instance, one cannot go back and kill Bill Gates. The fact that MicroSoft exists, and Bill Gates exists, means that you will NOT be successful. At least in this time line.
The best way I saw that handled was actually in some comic ...some character called Midnighter (some super-soldier type amped to the next level) was sent back in time by some deranged rich guy who wanted revenge on Adolf Hitler for killing his family in the Nazi camps ...thus the character's mission was to kill Hitler). Well, when the guy got back in time, he had an opportunity to kill Hitler near the end (just before he committed suicide), when ol' Adolf walked into some dark room. Just as Midnighter was about to follow in and snuff the b@$tard, he got a strong feeling that if he walked in after him he would not be coming out alive. He didn't go in.
Same thing ...the fact that Bill is alive now, means that going back to snuff him out in the cradle did not work for some reason. It may not be prudent to find out what that reason is.
My brain just imploded. If I had a time machine, I would go back and NOT read your post. But I would know that the reason I went back was to NOT read your posts, which would make my brain implode. Knowledge is the main enemy of any given time continuum.
:)
A time machine would be wonderful, if you were the only one who had one. If I knew then what is known now, I would have already retired.
If everyone has access to the same infallible information about the future, it would be worthless for investors.
But one cannot travel FORWARD in time because it has not happened. We cannot assume that all time from zero to infinity has occured. What we do in the present determines the future, in its own time.
Traveling forward in time would be going forward into nothing.
Weirdly written article, but a highly accurate conclusion.
Things that have gone up a lot in price are not likely to go up a lot more. Exceptions exist, but that’s the way to bet.
Things that will appreciate a lot in value in the future are generally by definition considered to be of little value now. To make a lot of money, all you need to do is figure out which low-value items will appreciate. Again, by definition, you will seldom find articles plugging them.
Good luck with that. :)
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