Quote:
Originally Posted by hayden
Hi,
Here's a few bingo details I ran into recently. It will be great if you can just check it out.
Bingo, it is popularly believed, is a game of luck. However, there are a number of ways in which you can improve your bingo gaming strategy and emerge a winner all the time. According to noted mathematical analyst Joseph E. Granville, there are a few procedures you can follow to overcome the odds.
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Remember Mr.Granville well....Another Bozo who if he said it was so it was so!!!....Not sure it worked out for him real well over the long term!
From Wikipedia, the free encyclopedia:
"
Joseph E. Granville (born August 20, 1923), often called Joe Granville, is a financial writer [1] and investment speaker. He popularized [2] the use of "on balance volume", a technique of technical analysis that attempts to predict future prices of stocks, commodities, and other financial assets traded on financial markets for which historical price and volume information is available.
Granville is probably best known for his bearish market calls during the 1970s, 1980s, and 1990s, when he claimed that the stock market was headed for imminent collapse.
His overall track record, according to the Hulbert Financial Digest, is very poor.
The Granville Market Letter "is at the bottom of the Hulbert Financial Digest's rankings for performance over the past 25 years - having produced average losses of more than 20 percent per year on an annualized basis." [3]
Nevertheless Granville was known as a great showman [4] who would emerge from a coffin at an investment conference, or appear to walk across water (at a swimming pool) when meeting clients. According to Robert Shiller in his book Irrational Exuberance[5]
His investment seminars were bizarre extravaganzas, sometimes featuring a trained chimpanzee would could play Granville's theme song "The Bagholder's Blues," on piano. He once showed up at an investment seminar dressed as Moses, wearing a crown and carrying tablets. Granville made extravagant claims about his forecasting ability. He said he could predict earthquakes and once claimed to have predicted six of the past seven major world quakes. He was quoted by TIME Magazine as saying "I don't think that I will ever make a serious mistake in the stock market for the rest of my life," and he predicted that he would win the Nobel Prize in economics..............................."