Fairly often one of my friends who reads this blog will write me a note wondering why I "don't mention this story" or that. Usually it's because I don't have anything unique or different to say about it. Mind you, I set my personal bar pretty low - if I can think of anything original at all then I'll usually scratch it down. But how many times can you guys (and gals) listen to me going off about the public sector unions, the virtues of civilian gun ownership, or the horror of top down economics before it all becomes a blur? To me it sounds like saying I love you a gazillion times - after a while, no one hears you.
Luckily, there are now a few more guys who are getting into this fight. Tim Pawlenty had an OpEd which spoke particuarly plainly for a politician, and today it's these guys. So instead of boring you with my same old song, today I think I'll let them carry the ball a while.
I've also noticed that as a rule I tend to be a little too far ahead of the pack on topics like this for people to remember that I was reasonably prescient about them. By the time the issue enters the popular dialog, I've wandered away and gone on to something completely different. This was true for QE2, for the demise of the global warming movement, and several other issues. And although we haven't seen it yet, I'm confident that it will also be true of the Obama crucifixion, the state (and state funded pension) bailouts and the legislative curtailing of the public sector unions.
I think this is a burden that comes with 20 years of market 'forecasting' for a living. In the future I'll try to pick my entry point a little better.
3 comments:
Tom,
I rather do enjoy when you just post it - those of us that follow your comments are probably informed enough to remember when we see somethin you write about come to pass, or finally get picked up by the mainstream media. I don't know how many times my wife has brought something up at dinner and I can state that I saw that at least a week ago on your blog.
Thanks Steve - I'll try to remember that on those days (like today frankly) where I'm having trouble getting more than a paragraph down on a topic.
That should be a good motivator.
Hi Tom,
I'll co-sign to Steve's thoughts. Also, your repetition especially when you're early on a theme, allows plenty of time for your readers to form their own opinions and if so inclined, position themselves accordingly. (Not unlike Fleckenstein out in WA, who I'd guess it likely you've encountered in your career.) Please know your comments are greatly appreciated.
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