Per my earlier post – let’s take a look back and realize the gravity here . . . We actually are looking at a case where “real economists” first cherry-picked their own data and then got it wrong on their own spreadsheet! Just goes to show – whenever you hear the word “expert,” be afraid . . . VERY afraid:

Too Much Debt Means Economy Can’t Grow – Commentary by Reinhart & Rogoff, Bloomberg News, 7/14/2011

Researchers Finally Replicated Reinhart & Rogoff and There are Serious Problems, Rortybomb, 4/16/2013

5 Types of Directors Who Don’t Deliver, Jack & Suzy Welch, LinkedIn.com Blog, 4/18/2013

[Note: No direct link to the article is available but it can be located by doing a search for “business models” on the Quartz website.]

Until the Nineties, Business Models Weren’t a Thing, Quartz (qz.com), 4/17/2013

How Do Hedge Funds Need to Adapt – Part 1, All About Alpha, 4/7/2013