When you are an eternal bear (or bull) you are bound to be right at some point, and people will claim you to be a guru, but this is just ridiculous. How can we ever take what he says seriously anymore with this kind of record now.
This is why being a "guru" only now means that he markets himself better than any other bear. The part I find most incredible is the guy doesn't even run a fund or anything, so he doesn't put his money where his mouth is...Nouriel Roubini is a fraud. Just like all other constant bears or bulls.
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Wednesday, November 11, 2009
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