Shots In The Dark
Wednesday, October 17, 2007
  Time to Get Out of the Market?
Harvard alum Ray Soifer has a theory about when it's time to ditch your stocks: Anytime 40% of a year's HBS graduating class goes to Wall Street, as it did this year....

Mr. Soifer advises investors to sell stocks any time that more than 30% of graduates from Harvard Business School choose to work for brokerage firms, private equity shops, or hedge funds. The thinking holds that if so many bright young people choose to do such mind-numbing tasks as crunching numbers, preparing Power Point presentations, or pricing collateralized debt obligations, that's a sure sign of a market top.
  8:01 AM  
Comments:
Scary indeed. But where do I put my money?
# posted by Anonymous : October 17, 2007 10:34 AM
 
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