Daily Archives: June 12, 2009

Common Sense and The Perils of Predictions

Guest essay by Michael R. Smith, C.C.M. Forbes, “Absolute Return” column, April 21, 2008, page 246: Here’s another name you should own, Freddie Mac ($29 per share)…Freddie is cheap at 1.1 times book [value]. Less than five months later, Freddie … Continue reading

Posted in forecasting, modeling | 80 Comments

Suggestions of “strong negative cloud feedbacks” in a warmer climate

I thought this post on clouds and climate modeling below from Steve McIntyre’s Climate Audit was interesting, because it highlights the dreaded “negative feedbacks” that many climate modelers say don’t exist. Dr. Richard Lindzen highlighted the importance of negative feedback … Continue reading

Posted in modeling, Science, weather | 151 Comments