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Why You Should Ignore Everything That Comes Out Of Davos (In One Chart)
If, as we are constantly told by the mainstream media, equity market performance is all that matters in the real world, then the following chart from The Economist should provide much food for thought for those praying at the altar of the elites in Davos. Despite hanging on their every word as if handed down by The Oracle herself, 'companies that regularly attend Davos' have dramatically underperformed the broad market... so, in the modern parlance of 'stocks are all that matters' - Davos attendees are less smart than the average business manager (and perhaps less smart given the costs of attendance for this lack of edge).
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I have a better idea for everybody in Davos, but I best remain silent.
All hail our NSA overlords.
mushroom cloud over Davos?
"Nuke it from orbit, its the only way to be sure"
"Game over, man! Game over!"
Davos = The makers of monetary policy asking the beneficiaries of monetry policy:
"Aren't we doing a great job?"
it would be bullish for the stockmarket for sure!
At least 100 points!
DO IT DO IT DO IT DO IT!!!
Best pack yourself a little overnight bag, you just earned a twilight visit to your home and an eventual conviction and lifetime sentence from our secret courts.
Interesting, so their opinions are the exact opposite of what you should do?
Perfect.
You see, they spent time dumping on Bitcoin at Davos. Guess that means $10,000 isn't improbable. Or any of the other goals it will achieve.
Thanks for validating that, Zerohedge.
You throw on Fox Business and Liz Claman is trying to dry hump all these guys.
The business reporters arent anything but fanboys.
I wish I could give proper accreditation to the person who called Liz Clayman, "Big Tits Liz".
It's stuck with me ever since.
I think Liz gave you a thumbs down LOL
Presstitutes is the term I've seen used around here.
I think I have some type of sickness. I become happier and happier the more market drops. I find myself cheering.
No, it's just that you like many here at ZH see the importance of saving and investing, but that as long as this charade continues, any of your hard work will be for naught, benefiting only the kleptofinacialcorporatocracy. We just need to return to a more level playing field.
Even the over-class has underachievers.
They underachieve on Main Street, but overachieve on K Street.
It's very simple: For these uberwealthy (who do no productive value added work) to make money, they have to take it from you as depicted by this chart.
Don't ask for whom the bell tolls. It tolls for thee.
so, the point is that attending davos has a huge hit to the bottom line and cash flows.....
I never received the initial memo that we were suppose to be listening to them in the first place......
May the Gods of Ponzi finance strike you down for your blasphemy.
Hahah! thanks for making me spit my coffee onto my screen. +10 on that one. haha
I don't recall any of them recommending brass, lead, steel and wood....
No they're the ones trying to remove our rights to those, unless it servers their purposes for distraction and death.
The market is for suckers. The 'not so smart' people attending at Davos are doing quite well for themselves I'm sure. The hilarity of this aritcle is the supposition that smart=making other people money. The Davos crowd is about making money for themselves.
That song Whip It was pretty cool
Fuck CNBC and Fox Business - whoring themselves to the Davos bitches.
Flip over to Al Jazeera America - they are interviewing homeless people and getting their perspective on where to invest (long MD 20/20) .
ZH should do a chart comparing homeless guy stock picking record VS Davos bitches VS hedge fund managers.
MD 20/20. I discovered the trade secret formula for that years ago. Just mix panncake syrup and rubbing alcohol.
Organized crime has to have a "sit down" every once in a while to divide up territories and plan future criminal activty...I mean projects.
That was sort of my point. Sometimes profit takes a back seat to plunder.
Maybe they are globalist fronts and slosh funds more than they are real companies.
22 winmag These glitter covered turds are just the present day Capones with stylists and a press corp.
Davos is filled with RGATPHO.
Being a RGATPHO (Rich Guys and their Prostitute Hangers On) is never good for the customer profits or shareholder profits.
Those who can't "do" ...go somewhere nice and talk about it.
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