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The Peter Schiff Backlash Begins
I've been saying for some time that I'm not particularly impressed with Peter Schiff and his hyper-bearish calls. Fortune just had an article on how prescient Schiff has been: "As one of the few talking heads who loudly, relentlessly, and more or less accurately sounded the alarm about the ...
Right Forecast by Schiff, Wrong Plan?
online.wsj.com — Peter Schiff predicted a collapse of the U.S. financial system. The bust-up he didn't foresee was the one that made mincemeat of investors who took his advice in 2008. Mr. Schiff's Darien, Conn., broker-dealer firm, Euro Pacific Capital Inc., advised ... (more) Right Forecast by Schiff, Wrong Plan?
Cluster Stock: Peter Schiff: A Response To My Critics
clusterstock.alleyinsider.com — Peter Schiff has given us permission to reprint his response to his various critics, from Michael Shedlock and the WSJ, to all the others piling on him over his performace in the past year. (more) Cluster Stock: Peter Schiff: A Response To My Critics
Peter Schiff was Right^H^H^H^H^HWrong
paul.kedrosky.com — Savage takedown of Peter Schiff by Mish this weekend. The gist: While the celebrated Schiff made a good call on real estate and on the U.S. market crash, he failed clients in that he didn’t adequately protect their assets because too many of his ... (more) Peter Schiff was Right^H^H^H^H^HWrong
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Being Right or Making Money
World Beta - Engineering Targeted Returns and RiskThis is one of the major problems I have with investing commentary (more here). There are so many blogs, reporters, and portfolio managers that I put in the camp of "ranters". They rant about this and that (Gold to $2000! Oil to $10! Oil to $300! Inflation! Deflation! The Fed!), but the bottom line is "do they help you make money"? Does watching CNBC help you make money? Does watching Mad Money help you make money? Does any of the news you ingest help you manage your assets in a more productive way? (The title of this post comes from one of the best books ...

Monday links: an act of faith
Abnormal Returns — ... A prominent investment advisor, Peter Schiff, who claims to have been “right” on the current crisis, failed to make money for his clients.  (Mish also Crossing Wall Street) The Dow is just a mess.  (Big Picture) David Swensen takes a swipe at a big chunk of the investment industry.  (FT.com via Investor’s Consigliere) 20 Ben Graham Net Nets.  ( ...

Related: peter schiff
Peter Schiff Was Wrong
globaleconomicanalysis.blogspot.com 1/26/2009 — There are numerous YouTube videos, articles, and references to Peter Schiff being "right" rapidly circulating the globe. While Schiff was indeed correct about the US imploding, most of the praise heaped on Schiff is simply unwarranted, and I can prove ...
Blogger Wars: Mike Shedlock vs. Peter Schiff
tradinggoddess.blogspot.com 1/28/2009 — The Austrian economics blogosphere was rocked to its very core yesterday, when Mike Shedlock, one of the most popular economics bloggers on the web, dropped a serious smackdown on Peter Schiff in a post entitled, " Peter Schiff Was Wrong ." In this ...
So Why is the Journal (Sort of) Defending Peter Schiff's Simply Wretched Investment Performance?
nakedcapitalism.com 1/30/2009 — Now naive folks like me subscribe to the fantasy that a reputable newspaper maintains a church/state separation between its editorial pages and its news section. And then we have the Wall Street Journal as a telling counterexample. Last week, the ...
Friday links: critical junctures
abnormalreturns.com 1/30/2009 — “ Peter Schiff predicted a collapse of the U.S. financial system . The bust-up he didn’t foresee was the one that made mincemeat of investors who took his advice in 2008.” ( WSJ.com , naked capitalism ) The response. ( ...
Lunch WrapFT Alphaville
On FT Alphaville on Monday morning, - UK plc is closed - Moody's vs Barc - The saga continues at Gatwick - Aerospace datapoint du jour - Bad bank, bad pricing - Chinalco talks to Rio - Peter Schiff makes a defence - Do I feel risky? - Snow (the economic impact) - Paul's back to talk ...
Peter Schiff makes a defenceFT Alphaville
A bit of a blogging war has erupted in cyberspace on the subject of Peter Schiff, president of Euro Pacific Capital - relating largely to whether he was right or not. For a bit of context, Peter Schiff established himself as the definitive dollar bear over the latter half of the naughties, ...
Do You Trade Your Market Predictions?Beanieville Inc.
This was Peter Schiff in 2006-2007: This is Mish's attack of Mr. Schiff , claiming that Schiff never benefited from his predictions (didn't short the housing and banks) and instead lost alot of money for his clients (by investing in foreign assets which went down hard as other countries ...
Sunday Morning CoffeeRandom Roger
Between the hub-bub with Peter Schiff, articles like this one from the WSJ and the wave of Ponzi schemes being uncovered I am reminded of how complicated people make investing and personal finance. Keeping it simple (or if you prefer simplistic) avoids a lot of problems and a lot of tears. I ...
More on Peter SchiffToro's Running of the Bulls Market Blog
Peter Schiff has been taking a lot of heat the past few days for his performance, as we noted a few days ago.  The Wall Street Journal has picked up on the story. Peter Schiff predicted a collapse of the U.S. financial system. The bust-up he didn't foresee was the one that made mincemeat ...
Peter Schiff RespondsCrossingWallStreet.com
Since I posted Mish's take down of Peter Schiff, I feel obliged to posts Schiff's response . The Wall Street Journal weighs in.
Peter Schiff: Right Forecast, Wrong Plan?InvivoAnalytics.com
This is a big problem in the investment world. A strategist makes a guess (I mean, forecast) and then decides on a course of action. What this means is that he must guess two things correctly: the macro picture AND the way market participants react. Most often, ...
Daily Market Madness - Round 01.30MadeMan.com
Chaz Gaspo drops the F bomb live on CNBC. The unpaid internship market is doing very well. Hey, we all gotta pay our dues, man. I was in an unpaid internship at a magazine for almost 2 years. Bank of America's war on styrofoam coverage. Peter Schiff, no respect ? Lost your job? Buy ...
The Mish-Schiff catfightThe Mess That Greenspan Made
Having just stumbled upon the Mike Shedlock-Peter Schiff online feud as Schiff had executed a fine compound-riposte in response to Mish's dazzling ballestra-lunge earlier in the week, it suddenly became clear that data supporting one of the central arguments on one of my favorite subjects - ...
Schiff Still Has One Thing RightGoldSeek.com
Our colleague Mish Shedlock did quite a hatchet job on hyperinflationist Peter Schiff the other day – much of it deserved, if the evidence that Mish presented is to be believed. The two have never seen eye to eye, since Mish, like us, is an unreconstructed deflationist. But his indictments ...
Mish vs Peter SchiffThe Big Picture
On Sunday night, Mike Shedlock lobbed a hand grenade Peter Schiff’s way ( here , and mirrored here ). Around late 2008, some PR flacks were circulating a Schiff’s greatest hits — short excerpts of his appearances on major media. It was apparent to me that these heavily ...
Low Volume RandomosityThe Learning Curve by Muckdog
Nice up day in the market, but volume was a little light. New lows far outpaced new highs.  If one was watching the bad news on TV, one might think the DOW is closing in on 3000.  From Yahoo Finance , Action was choppy and trading volume was light this session, but stocks were able ...
Peter Schiff Was WrongThe Big Picture
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. ~~~ There are numerous YouTube videos, articles, and ...
Why I Run My Own Money - And You Should TooThe Market Ticker
A rather "sharp" and long missive from Mish (who I happen to like) eviscerating Peter Schiff makes clear the problem with chasing "gurus" and listening to them: "I would like to see some proof of that statement. Specifically I would like to see the average ...
Peter Schiff was WrongToro's Running of the Bulls Market Blog
From Mish . Schiff's Overall Thesis US Equity Markets Will Crash. US Dollar Will Go To Zero (Hyperinflation). Decoupling (The rest of the world would be immune to a US slowdown. Buy foreign equities and commodities and hold them with no exit strategy. Schiff was correct about point ...
Peter Schiff's Clients Down In 2008FinanceProfessor.com
Remember Peter Schiff? How he called the market collapse? If you don't, here is the link to his video that was spotlighted last fall. Well, it appears that while he seemingly called that correctly, he has not been as good at making money on the call. From Clusterstock: Peter Schiff's Clients ...
Why Paul Kedrosky, Peter Schiff & Mish Shedlock Are Fast Becoming IrrelevantTIM - Timothy Sykes
…when they play market guessing games/market guessing critiquing games…as they are all smart people, they just need a little guidance/push in the right direction from me and you. Here’s the scoop: A debate has broken out between Kedrosky & Mish over whether Peter Schiff ...
Interesting Article About Peter SchiffStefan Karlsson's blog
CNN Money and Fortune Magazine has a really interesting article about Peter Schiff that I recommend you to read.