Ray Unger, who writes a business column for The Capital Times in Madison, Wisc., wishes that the people talking about the economy in the media had a scorecard to determine when they were right and when they were wrong — kind of like the NCAA tournament.
“If these guys were sports writers at least the outcome of their predictions would quickly determine who was right and wrong. Unfortunately in the business world we have to live with this stuff day in and day out with no game buzzer to end the debate. And you wonder why professional money managers have such a hard time beating the averages.”
Read the column here, and remind me never again to pick Gonzaga for the Final Four.
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