Comments on: Financial Lessons From Television Fiction: House http://www.consumerismcommentary.com/financial-lessons-from-television-fiction-house/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Mon, 13 Feb 2012 01:22:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Lazy Man and Money http://www.consumerismcommentary.com/financial-lessons-from-television-fiction-house/comment-page-1/#comment-99637 Lazy Man and Money Thu, 17 May 2007 19:47:19 +0000 http://www.consumerismcommentary.com/2007/05/17/financial-lessons-from-television-fiction-house/#comment-99637 I've always interpeted that when someone says that "X new jobs were added" the old ones were retained and this is the net gain. It's a bad interpetation, now that I think about it. Then again, if the old jobs were buggy whip makers and the new jobs were car makers (and this was the early 20th century), you'd probably be fine with that politician. So it's not necessarily about that politician, but about the natural progress of things. I’ve always interpeted that when someone says that “X new jobs were added” the old ones were retained and this is the net gain. It’s a bad interpetation, now that I think about it. Then again, if the old jobs were buggy whip makers and the new jobs were car makers (and this was the early 20th century), you’d probably be fine with that politician. So it’s not necessarily about that politician, but about the natural progress of things.

]]> By: KMC http://www.consumerismcommentary.com/financial-lessons-from-television-fiction-house/comment-page-1/#comment-99615 KMC Thu, 17 May 2007 17:04:44 +0000 http://www.consumerismcommentary.com/2007/05/17/financial-lessons-from-television-fiction-house/#comment-99615 Flexo, thanks for highlighting survivorship bias. It's kind of a pet peeve of mine when people talk about the Millionaire Next Door and mutual funds. Similarly, just because there is a correlation between two things doesn't mean one is causal of the other. Flexo, thanks for highlighting survivorship bias. It’s kind of a pet peeve of mine when people talk about the Millionaire Next Door and mutual funds. Similarly, just because there is a correlation between two things doesn’t mean one is causal of the other.

]]> By: Mama Money http://www.consumerismcommentary.com/financial-lessons-from-television-fiction-house/comment-page-1/#comment-99613 Mama Money Thu, 17 May 2007 16:42:21 +0000 http://www.consumerismcommentary.com/2007/05/17/financial-lessons-from-television-fiction-house/#comment-99613 Thanks for the link on How to Lie and Cheat with Statistics--very informative. I've often wished publishers would share more about how they came up with their figures. Thanks for the link on How to Lie and Cheat with Statistics–very informative. I’ve often wished publishers would share more about how they came up with their figures.

]]> By: CFO Dad http://www.consumerismcommentary.com/financial-lessons-from-television-fiction-house/comment-page-1/#comment-99572 CFO Dad Thu, 17 May 2007 13:06:04 +0000 http://www.consumerismcommentary.com/2007/05/17/financial-lessons-from-television-fiction-house/#comment-99572 I love House! His cynical zingers just keep coming for the whole hour. Never thought to apply to finances, but your "everybody lies" comment rings true. I think that even people who don't know they are lying (family/friends) can often mislead you because they have been lied to or mislead themselves. You really need to do your OWN research for your own decisions and investments. I love House! His cynical zingers just keep coming for the whole hour.

Never thought to apply to finances, but your “everybody lies” comment rings true. I think that even people who don’t know they are lying (family/friends) can often mislead you because they have been lied to or mislead themselves. You really need to do your OWN research for your own decisions and investments.

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