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	<title>Comments on: Michael Pachter predicts the PS3 to outsell the 360 by 45k for July</title>
	<atom:link href="http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/</link>
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		<title>By: A Link to the Future &#187; Blog Archive &#187; Fact-Checking Me Fact-Checking Michael Pachter</title>
		<link>http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/comment-page-1/#comment-894</link>
		<dc:creator>A Link to the Future &#187; Blog Archive &#187; Fact-Checking Me Fact-Checking Michael Pachter</dc:creator>
		<pubDate>Fri, 24 Aug 2007 04:23:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/#comment-894</guid>
		<description>[...] Pachter was wrong in his guess that the PS3 would beat out the 360 in July.  Our friends at eat-sleep-game don&#8217;t have a problem with him; I, on the other hand, seem to bash him every chance I get.  [...]</description>
		<content:encoded><![CDATA[<p>[...] Pachter was wrong in his guess that the PS3 would beat out the 360 in July.  Our friends at eat-sleep-game don&#8217;t have a problem with him; I, on the other hand, seem to bash him every chance I get.  [...]</p>
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		<title>By: Geoff</title>
		<link>http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/comment-page-1/#comment-872</link>
		<dc:creator>Geoff</dc:creator>
		<pubDate>Mon, 20 Aug 2007 16:55:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/#comment-872</guid>
		<description>&quot;I think he manages to get about as many right as he does wrong...&quot;

I have the same 50% chance of being right... the difference is that I use a coin toss to make my predictions.

My problem with Pachter is that he shows no more likelihood of being correct in his predictions than monkeys throwing darts at a board, yet for some reason people 1) listen to his predictions, and 2) Morgan Wedbush pays him a salary to make them.  Why pay a premium to a guy whose track record is no better than pure chance?  You wouldn&#039;t give a mutual fund manager 1.5% to match a stock index, either.</description>
		<content:encoded><![CDATA[<p>&#8220;I think he manages to get about as many right as he does wrong&#8230;&#8221;</p>
<p>I have the same 50% chance of being right&#8230; the difference is that I use a coin toss to make my predictions.</p>
<p>My problem with Pachter is that he shows no more likelihood of being correct in his predictions than monkeys throwing darts at a board, yet for some reason people 1) listen to his predictions, and 2) Morgan Wedbush pays him a salary to make them.  Why pay a premium to a guy whose track record is no better than pure chance?  You wouldn&#8217;t give a mutual fund manager 1.5% to match a stock index, either.</p>
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		<title>By: Chufmoney</title>
		<link>http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/comment-page-1/#comment-860</link>
		<dc:creator>Chufmoney</dc:creator>
		<pubDate>Sat, 18 Aug 2007 21:23:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.eat-sleep-game.com/news/2007/08/18/michael-pachter-predicts-the-ps3-to-outsell-the-360-by-45k-for-july/#comment-860</guid>
		<description>I got a dollar with Mike on this one. People still are not happy about the 360...the warranty may have pulled the tiniest bit of pressure off, but people still know that it&#039;s a box that is bound to break.</description>
		<content:encoded><![CDATA[<p>I got a dollar with Mike on this one. People still are not happy about the 360&#8230;the warranty may have pulled the tiniest bit of pressure off, but people still know that it&#8217;s a box that is bound to break.</p>
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