Zero Hedge 2011 Predictions-a look back

[touhy]

Here's a look back at Zero Hedges predictions for the year just gone by(2011). Not too bad really.

http://www.zerohedge.com/article/2011-whats-coming

And it is always a good exercise to review such things. It allows us to "credibility weight" future predictions.

My family teases me for reading such doom-filled sites like zero hedge and I-tulip for economic insight...but I suspect I did better than they did this past year from an investment perspective (and I did't do anything too great)

[*T*]

Re: Zero Hedge 2011 Predictions-a look back

The guy did pretty well.

[phinolerun]

Re: Zero Hedge 2011 Predictions-a look back

Some of his more outlandish calls obviously didn't come true, but the more subtle calls were right on the money. Plus 1 to him for calling Kim Jung Ill's death. Pretty prophetic IMO.

[c1ue]

Re: Zero Hedge 2011 Predictions-a look back

To say one particular person's predictions mirror the overall state of Zero Hedge's predictions is a looooooong stretch.

Though I think Krasting did pretty well - the actual success rate was well under 25%.

Major big dings for:

1) Not mentioning Italy as the big PIIGS problem in 2011
2) Epic fail on the yen short
3) Fail on the Fed - I've seen zero approbation
4) Epic fail on weather: no hurricanes even at Cat 3. There was a spate of tornados, but otherwise it was a very, very quiet year weatherwise.
5) Epic fails on Obama predictions: no means test, etc etc.

[touhy]

Re: Zero Hedge 2011 Predictions-a look back

"To say one particular person's predictions mirror the overall state of Zero Hedge's predictions is a looooooong stretch."

C1ue, you are absolutely right. I missed that this was a zerohedge contributor and not the editor. I should not have conflated the two.

Still, an interesting exercise.

[globaleconomicollaps]

Re: Zero Hedge 2011 Predictions-a look back

I think Krasting in the sharpest guy on the blog. He is Swiss and has a particularly good grasp of the Swiss banking system.