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Monday, October 13, 2008

Psychology and Statistics- Barkin' Palin and the Android Phone

All the Central Bankers and Treasury Managers have huddled together and pumped massive amounts of money into the 'system' - no wonder that Wall Street put together a massive gain with indexes up > 11% . As I tell students, there are only two subjects worth knowing - psychology and statistics. A 100% gain doubles your investment, but just a 50% loss returns it to its original value. So smaller numbers can pack a bigger punch. Dow going from 8000 to 14000 was a 75% gain, Dow going from 14000 to 8000 is a 42.9% loss.

With the pit bull 'Barkin Palin' who is trying to bite off Obama and Biden, there is simple psychology. Inspire fear and hatred. Get the 'white' voters to be scared and vote for her ticket. Statistics after the election will demonstrate if her strategy worked.
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According to reports, T-Mobile has already taken 1.5 million preorders of Google's Android phone
. "The staggering number of presales comes just 10 days before the T-Mobile-powered Android's official launch date Oct. 22. Neither T-Mobile, Google or handset manufacturer HTC has confirmed the reports that first appeared on Motley Fool. According to the Web site, Apple originally thought it would sell 10 million second-generation iPhones Apple this year. The G1 preorders are three times the original amount of phones T-Mobile ordered from Taiwan-based HTC, which rapidly sold out. ."

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