This page has been archived and commenting is disabled.

Birinyi's 160% Annualized Performance Expectations For 2013

Tyler Durden's picture




 

The high-pitched happy Hungarian is back - and this time he is serious. Laszlo Birinyi, the guru of gurus, who (back in January 2011 - as we noted here) forecast the S&P 500 to be at 2854 by September 2013, now sees the S&P 500 at 1500 by year-end (which looks mysteriously like yet another of his famous ruler-applications). What is fascinating about this oh-so-valuable prediction is that it implies Birinyi believes 2013 is the year of all years - a 90% rally in the first 9 months according to the newsletter-peddler - or a 160% annualized return. Trade accordingly.

 

 

Chart: Bloomberg

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 08/30/2012 - 13:50 | 2750056 mrktwtch2
mrktwtch2's picture

do we buy some more appl and amzn??

Thu, 08/30/2012 - 14:01 | 2750100 fireangelmaverick
fireangelmaverick's picture

Birinyi's ruler, is that like Occam's Razor?

All other things being equal the biggest bull is full of the most shit.

Thu, 08/30/2012 - 14:33 | 2750167 Precious
Precious's picture

Oh yah.  That will happen.  Also in 2013 we will discover cold fusion.

Either that or eating locusts and prospecting for gold in graveyards.

Fri, 08/31/2012 - 00:14 | 2751526 Douglasnew
Douglasnew's picture

Better hope no one EVER discovers Cold Fusion because that means the average Terrorist also has access to unlimited and cheap energy. It's the biggest "Be Careful What You Wish For" that man has ever known besides the good old Nuclear Fission discovery which thankfully happens to be hard to create at home (as opposed to what we'd be facing with the advent of Cold Fusion).

Thu, 08/30/2012 - 14:48 | 2750219 LMAO
LMAO's picture

You can use Birinyi's ruler like a razor and apply some Occam's aftershave when you're finished.

Birinyi's ruler is a useless tool but at least you will smell good.

Thu, 08/30/2012 - 17:16 | 2750689 Precious
Precious's picture

All the dinosaurs died in 997,988 BC.

Thu, 08/30/2012 - 22:07 | 2751331 fourchan
fourchan's picture

man loses ass and rest of voice.

Thu, 08/30/2012 - 14:19 | 2750149 CPL
CPL's picture

No you buy gold, silver and stockpile food/ammo/clothing.  While you'll get 160% annualized returns, and it's easy to purchase all those awesome stocks and bond suggestions.  It doesnt' mean they have a buyer.   His function is all wrapped around CTRL-P on the central bank level and treasury boards grabbing more tax "revenue" (like a government has revenue...lol).

 

Then again anyone here could make 160% annualized by putting all their capital into oil.  Biriyani calls 2400 next year.

 

I'm calling for triple price gas using today's prices as the marker if the guru is throwing numbers around.

$600 per barrel for sweet light crude. 

$3000 per ounce of Silver

$34000 per ounce of Gold

$450 for shit tier coal/tar sands gas. Wreck an engine in a year kind of oil produced so far.  No more BMW's, no more E85, no more hybrids, no more electric car...just burning filth in a tank.  Disgusting but beggars cannot be choosers.

$500-520 for African high sulfur content per barrel.  Needs more refinery work, but it won't wreck an engine.

Food, if available...everyone is closing exports.  Even in secret in Canada.  So stockpile, be a head of the curve.

 

The last month the articles coming out of gas stations running out of fuel and not expecting more is up to around 18000 per day as of today in all languages.  For those that wish to catch a glimpse of the highlights might want to head over to the ricefarmer.blogspot.ca.  He has faithfully been tracking the highlights of the ignored stories out there.

Thu, 08/30/2012 - 16:44 | 2750625 dwayne elizando
dwayne elizando's picture

So are you saying that all the local gas stations which seem to have "out of order" signs up on their pumps atleast once a week is gonna get worse?

Thu, 08/30/2012 - 14:24 | 2750160 JHole2012
JHole2012's picture

I wouldn't touch APPL. Can't defy gravity and when the S&P corrects after tomorrow's failed J-Hole speech, AAPL will come down with it. Yeah buy it if youre a long-only (read: yawn-only) PM looking to lose less money than the general market. If you're in it for absolute returns, short the index. 

 

Btw check out this game  - i couldn't stop LOLing while playing it. In light of Occupy's 1 year anniversary soon. It's called Bankers vs. Humans. Very tounge and cheek. For iphone.

http://itunes.apple.com/gb/app/bankers-vs.-humans-hd/id514323529?mt=8

Thu, 08/30/2012 - 14:34 | 2750182 Randall Cabot
Randall Cabot's picture

Be careful. I heard Laszlo the Clown on Bloomberg Radio last August predicting S&P 1600 or something by the end of the year-the crash started later that day. But he wasn't that far off by a few months into 2012!

Thu, 08/30/2012 - 15:09 | 2750286 JHole2012
JHole2012's picture

I wouldn't touch APPL. Can't defy gravity and when the S&P corrects after tomorrow's failed J-Hole speech, AAPL will come down with it. Yeah buy it if youre a long-only (read: yawn-only) PM looking to lose less money than the general market. If you're in it for absolute returns, short the index. 

 

Btw check out this game  - i couldn't stop LOLing while playing it. In light of Occupy's 1 year anniversary soon. It's called Bankers vs. Humans. Very tounge and cheek. For iphone.

http://itunes.apple.com/gb/app/bankers-vs.-humans-hd/id514323529?mt=8

Thu, 08/30/2012 - 13:54 | 2750068 Dr. Engali
Dr. Engali's picture

By the time we get to qe 4 and 5 with the shelf life getting shorter and shorter we might be there. A loaf of bread will cost a couple hundred bucks but the S&P will be rockin.

Thu, 08/30/2012 - 14:20 | 2750150 Daily Bail
Daily Bail's picture

Best satire I've seen in a long time:

SPOOF: 'Legitimate Rape' Pharmaceutical Ad
Thu, 08/30/2012 - 14:40 | 2750201 Dr. Engali
Dr. Engali's picture

One good thing about politicians is they can always provide us with something to laugh about. It's too bad everything else that comes along with them is so dangerous.

Thu, 08/30/2012 - 13:55 | 2750069 vast-dom
vast-dom's picture

correction: he said 1503.249455235 by Feb 6th, 2:53 eastern time, 2013.

 

/sarc off

 

based on...............hopium out of thin air.........FUCK THE PONZI PLANET!

Thu, 08/30/2012 - 14:04 | 2750110 Unprepared
Unprepared's picture

Yet, you CANNOT prove him wrong. Even if his predictions do not come to pass, how could you know it wouldn't have happened if this or that event did or didn't occur.

So both his reputation and self-image are intact.

/sarc off?

Thu, 08/30/2012 - 15:04 | 2750265 resurger
resurger's picture

word.

Thu, 08/30/2012 - 13:55 | 2750075 ptoemmes
ptoemmes's picture

With the requisite level of (hyper) inflation?!

What's he think the price of a gallon of regular gas - I mean petrol - is going to be?

Thu, 08/30/2012 - 13:55 | 2750076 Dr Benway
Dr Benway's picture

Actionable

Thu, 08/30/2012 - 13:55 | 2750077 TruthInSunshine
TruthInSunshine's picture

I just want to say watch out & tread carefully. Whisper rumor on the street that Birinyi traded his ruler in on a TI-84 Graphing Calculator, bitchez.

Thu, 08/30/2012 - 13:56 | 2750085 scatterbrains
scatterbrains's picture

so when does he expect the dollar crash that will get us there ?

 

Thu, 08/30/2012 - 14:46 | 2750213 CPL
CPL's picture

Soon-ish.  lol

Thu, 08/30/2012 - 13:56 | 2750086 _ConanTheLibert...
_ConanTheLibertarian_'s picture

What a dick

Thu, 08/30/2012 - 13:56 | 2750087 Uber Vandal
Uber Vandal's picture

Perhaps he is using a data set from Zimbabwe, ca. March, 2007, as a model.

https://mises.org/daily/2532

http://gregnguyen.blogspot.com/2010/10/zimbabwe-market.html

Thu, 08/30/2012 - 14:07 | 2750121 Hype Alert
Hype Alert's picture

Central banks are great a luring the government into issuing more and more debt, then they have to issue debt to pay the interest on the existing debt.  One wonders how something so obvious can happen.  I guess when they CB says they can raise rates in 15 minutes, that's all the cover the gov't needs to keep selling out the taxpayers. 

Thu, 08/30/2012 - 14:47 | 2750217 CPL
CPL's picture

It's like an instant replay in charts

 

Thu, 08/30/2012 - 14:02 | 2750103 Hype Alert
Hype Alert's picture

This market's a snooze fest. 

Thu, 08/30/2012 - 14:04 | 2750111 lolmao500
lolmao500's picture

The only way that happens is if some revolutionary, once in a lifetime invention gets out within weeks and everybody can buy it.

Something like free energy in your house for a few dollars.

Since that won't happen, the only way in nominal terms it happens is massive devaluation by Chairsatan.

But probably none of that will happen, not on the timeline he says anyway.

So he's full of shit.

Thu, 08/30/2012 - 14:12 | 2750132 Schweizer Bankster
Schweizer Bankster's picture

If you look at the graph closely it appears Birinyi's boat is sinking into a choppy sea

Thu, 08/30/2012 - 14:14 | 2750138 DavidC
DavidC's picture

Naughty Tyler(s)!

DavidC

Thu, 08/30/2012 - 14:24 | 2750159 TrustWho
TrustWho's picture

Idiot

Thu, 08/30/2012 - 14:43 | 2750209 socalbeach
socalbeach's picture

So if I think Birinyi is a clown, am I supposed to give this article 1 star or 5 stars?

Thu, 08/30/2012 - 20:46 | 2751181 New_Meat
New_Meat's picture

yes

Thu, 08/30/2012 - 14:51 | 2750224 Jaman
Jaman's picture

Lazlo Birinyi = Fozzie the Bear, incarnate.

Waka, Waka!

Thu, 08/30/2012 - 14:57 | 2750243 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

All in. It's gonna be great. Better than Tepper.

Thu, 08/30/2012 - 16:17 | 2750549 Lost Wages
Lost Wages's picture

Yes we can.

Thu, 08/30/2012 - 17:10 | 2750679 kito
kito's picture

definition of bi polar disorder..........following birinyi and rosenberg.........

Thu, 08/30/2012 - 17:26 | 2750735 LooseLee
LooseLee's picture

Somebody please shoot this idiot SOB and put him (and us) out of his misery!

Thu, 08/30/2012 - 18:13 | 2750839 rosiescenario
rosiescenario's picture

It will not matter to anyone by then since it will only be the bots trading among themselves...

Do NOT follow this link or you will be banned from the site!