More on The Correlation Game
We unveiled one of our favorite 4PM pastimes back in April: called The Correlation Game, the steps are simple: Step One: Point your browser at Yahoo Finance, Marketwatch, or whatever mainstream financial media portal suits your fancy. Step Two: Scan the top headline, which is typically of the form, “Markets move x on news that y.” If the headline includes a dubious assumption or inference about causation, take a drink. Step Three: the next player moves to the next headline and/or media outlet, and…
Monday, August 18, 2008
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