tag:blogger.com,1999:blog-3758330678390419129.post2524567448919748858..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Why Carl Icahn Needs to Read the EPJ Daily AlertRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3758330678390419129.post-88489820129465395422016-05-11T12:32:40.210-04:002016-05-11T12:32:40.210-04:00Harrison, the Austrians I've heard, including ...Harrison, the Austrians I've heard, including Robert Wenzel, say ABCT is not a predictive science. So, it can't be used to critique or support Icahn's investment strategy. ABCT is really just an after-the-fact view of history.<br /><br />With that said, Wenzel's critique of Icahn isn't based on anything substantive, except his opinion that maybe the current bubble has a waysAnonymoushttps://www.blogger.com/profile/08340471191018052788noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-32048167352532623142016-05-11T11:16:32.399-04:002016-05-11T11:16:32.399-04:00Good analogy. RW will rarely post the terrible eco...Good analogy. RW will rarely post the terrible economic news that's occurring such as Macy's earnings and the unsustainable inventory-to-sales ratio at cycle highs. If retail sales comes out disappointing this week we will probably not hear a peep about it.Guy Noirhttps://www.blogger.com/profile/06114291200200458208noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5202014689136422132016-05-11T10:21:28.785-04:002016-05-11T10:21:28.785-04:00Harrison:
1) ABCT has nothing to do with the metr...Harrison:<br /><br />1) ABCT has nothing to do with the metrics I pointed out above. Nobody...from Menger to Mises ever...EVER said anything about the M2 or money supply effecting the business cycle. When ABCT is discussed it is about credit/credit injection.<br /><br />2) Do you drive your car forward while staring at the rear view? If you do, well then, god bless you. This explains why you RatFinkhttps://www.blogger.com/profile/05676035670344046939noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-39981833813146036722016-05-10T23:05:37.700-04:002016-05-10T23:05:37.700-04:00If he is in 150%, he is obviously heavily leverage...If he is in 150%, he is obviously heavily leveraged. Is it possible that Icahn will win no matter which way the market goes? Just asking, not taking sides.Haroldhttps://www.blogger.com/profile/14957331777793155656noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-2814151399039785592016-05-10T21:32:32.291-04:002016-05-10T21:32:32.291-04:00I don't know where to begin when responding to...I don't know where to begin when responding to this post. The following may sound like what comedian Adam Carolla calls "ass-kiss rodeo", but I assure you the kissing is directed at Austrian Business Cycle Theory, not at Robert Wenzel. Wenzel happens to be one of the best active messengers who should be listened to. <br /><br />It was Wenzel, after all, who repeatedly back in 2008 (Anonymoushttps://www.blogger.com/profile/00799608136560732041noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-1624438428737263812016-05-10T17:24:55.514-04:002016-05-10T17:24:55.514-04:00So the Austrian-know-it-all, knows better than Ica...So the Austrian-know-it-all, knows better than Icahn about where the U.S. Economy is headed. Hmmm...sorry Wenzel, I'd rather place my bets where Icahn sees things rather than some guy who charts M2, GDP, and BLS numbers.RatFinkhttps://www.blogger.com/profile/05676035670344046939noreply@blogger.com