Ever wonder what happened to the Cloud-Nine pundits that used phrases like “New Economy,” “Momentum Investing,” “Click ‘n Mortar,” “E-tailers,” “Information Age Paradigms,” and “Synergistic” (here is a thorough list of such buzzwords)?
Well wonder no more, they all managed to keep their jobs and now spend their days talking about The Recovery™ that will magically materialize within the next few weeks (as they continue to think that the Federal Reserve and/or the State can bail the world + dog out).
Here is a great illustration that depicts this situation today (from Lew):
My investor amigo Jason opined:
Who were the people who figured “Momentum Investing” was a reasonable thing to do?
“If the stock went up today, it will go up tomorrow…”
Eerily enough, some people invested their lifesavings with such enlightened boobs — making this blogger ponder these adages:
- Who is more the fool, the fool, or the fool that follows him?
- A fool and his money are soon parted.
Just because I can and because I keep bumping into it on Stephan’s Law Blog, this was Patent # 6,485,773. May Zeus help us all:
The present invention is directed towards a powdered dietary supplement formulation consisting essentially of a combination of freeze-dried fruits, vegetables and spices, wherein the formulation is prepared as a drink, tablet or capsule. The tablet may also be in chewable form … [snip]
This invention regards a dietary supplement formulation that significantly improves the taste of the male ejaculate.
I report, you decide — or as Stephan rhetorically asks: What will they think of next.
Alright, now that I have to find someone else to debate, here is a neat interview with Bob Metcalfe, the creator of Ethernet. His creation turns 30 this year (Mosaic turned 10). And you might remember Mr. Metcalfe as the geek that literally ate his words (he shredded up a copy of his column and drank it).
Sorry to disappoint you ladies and germs, but my Aggie Alumnus does not wish to continue this past this point. Below is a response to her non-response.
(more…)