Alec Baldwin, Millard Fillmore & Why the Market will Crash
Alec Baldwin keeps getting more interesting. There are thirty more pounds of cheeky Baldwin then there were decades ago and if you haven’t noticed, he’s looking an awful lot like our 13th president Millard Fillmore… Eerie isn’t it? Fillmore bucked the average and lived to be 74. He had more than a sliver’s chance of living that long, but not by much.
Take today’s life expectancy, and a male with the same chance of longevity as Fillmore’s will live about six years longer. It’s clear these two guys share the same physical makeup: rounded chin, pointed,right brow with rolling bottom lip and tight, thin eyes above periorbital puffiness. Given the parallels, Alec should have a solid 25 years left.
Oh, and before I forget, the stock market is looking a lot like it did in 1929 and is going to crash within a month. Everyone’s talking about it so start sweating bullets.
Alright.. maybe it will, maybe it won’t. If it does, it won’t have anything to do with this over-circulated chart. Basing predictions on similarities that have little or no predictive power is a fool’s game.
WHAT DO YOU THINK? Leave a comment.
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4 Responses to “Alec Baldwin, Millard Fillmore & Why the Market will Crash”
A great illustration of the ridiculousness of predicting a future trend based on a similar looking previous trend. Just because it quacks does not make it a duck.
I really liked your Alec Baldwin comparison to president Fillmore, spot on. As for the market it’s really about what you know that others don’t. For example a bull market always follows a bear market and that bull makers push through when no one expects it. I support the old adage ‘be greedy when everyone is fearful and fearful when everyone is greedy’. I think there is no large consensus but I believe the news is overwhelmingly fearful so I am greedy, just waiting for the indicators to pop. The graph is a great conversation starter.
Thanks for leaving this reply, Mike. We can be fooled by relationships if we're not careful.
Fear can be the investor's friend. Contrarian but often true, given adequate time.