I'm always amazed at how naive academics are about the real world of trading and investing. Aside from such obvious delusions as the assertion that markets are efficient, they seem to have no real grasp of the human side of the business and its impact on investment decision-making

Incorrect and thus misleading is my response to FT.com for the following assertion(highlighted).. The Canada Pension Plan Investment Board’s attempt to buy a large stake in Auckland International Airport collapsed on Friday after two New Zealand government ministers blocked the deal on grounds that ...

Here is an interesting report from the far coast, from Oregon Public Broadcasting. A newspaper reporter for the Bend Bulletin is fired for disputing edits on his story about a home builders conference. The reporter questioned the assertion by the home builders that a recovery was around the corner