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Why is a comedian making more sense than the analysts?

March 6, 2009

Exhibit A: John Stewart.

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Basically, he’s pointing out that analysts’ use of the Dow Jones Industrial Average as a measure of how well Barack Obama is doing is hardly water-proof.

Stewart’s best line: “Isn’t the Dow Jones Industrial Average just a short twitch numerical representation of a bunch of guesses about other people’s assumptions about the financial well-being of an arbitrarily-chosen group of 30  out of tens of thousands of possible companies? No! You’re wrong!”

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