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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ChanceIs who wrote (138148)7/26/2010 10:47:26 AM
From: Dennis Roth3 Recommendations  Read Replies (1) of 206326
 
Matthew Simmons: The Jeane Dixon of the Petroleum Industry.

The Blog article you posted is a good example of what John Allen Paulos, a mathematician at Temple University, called "the Jeane Dixon effect", which refers to a tendency to promote a few correct predictions while ignoring a larger number of incorrect predictions. As you may remember, Jeane Dixon used to publish
'100 Predictions for the New Year' every January in The National Enquirer. Much ballyhoo and attention surrounded
the few that proved correct while the more numerous incorrect ones were ignored. The blogger cherry picked the few out of
Matt's many recent statement which might be interpreted have been true while applying gloss to many large and glaring mistakes.

Dixon was best known for allegedly predicting the assassination of President John F. Kennedy, in the May 13, 1956, issue of Parade Magazine. She later admitted she was thinking of Richard Nixon at the time she made the prediction.

For those too young to remember, or too old to remember, the
Wiki entry on Jeane Dixon:
en.wikipedia.org

I'm sure someone will soon point out which of Nostradamus's
quatrains correctly predicted the Deepwater Horizon drilling disaster.
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