Detailed text transcripts for TV channel - CNN - 20100321:14:33:00
The ability to just say the emperor has no clothes or predict a sharp discontinue annuity. that's the most difficult thing for a collective system to do, even now what you notice is so wall street went through this enormous crisis, this collapse, the dow goes down to 6300 and rallies remarkably over the past year, which nobody predicted. again, when things went bad, everybody straight line projected -- present trend also continue. >> you know, in each case with these people it was an act of imagination that was required. you're right. in order to have made this bet, because you were betting on...