So you bought into the hype. The slick talking hedge fund manager nailed you hook, line and sinker. You put up your money and hoped that the hedge fund manager was just a tenth as good at making money as he said he was. A year down the road, you get that gut feeling that […]
I am so popular. I get invited out to dinner to swanky French restaurants, the Ritz Carlton, and golf clubs by people I don’t even know two to three times a week It seems like every investment guru in the state of Florida wants to wine and dine me. The unfortunate reality is that I […]
There are very few financial commentators that have the ability to entertain as well as inform. One of my favorites is Mark Gilbert from Bloomberg News. Several months ago he used the innocuous world of bovines to eloquently describe several areas of the financial world that have become conspicuously popular. Here is our off-beat take… […]
I have noticed an increase in the volume of programs on sports networks that deal with the issue of who or what is number one, and why. “Who was a better quarterback? Montana or Elway or who was a better pitcher Clemens or Gibson?” This is a harmless and sometimes interesting endeavor that often makes […]
Human sacrifice is alive and well on Wall Street. Relax; Mel Gibson is not going to be shooting any gory scenes on the corners of Wall and Broad, nor is Mola Ram from the Thuggee cult going to be standing on the steps of the Federal Building shouting “Kali Ma!” and literally ripping the hearts […]
I had some nutty professors in my day. Being a Political Science major I was often subjected to some sensitive pony-tail, tie-dye wearing, cannabis smelling teacher’s assistant who liked to spend the entire class preaching the many evils of the United States of America and how ashamed each and every one of us students should […]
I hate dolls. This is not some sort of macho rant, I am genuinely frightened of them. They give me the creeps,specially those new American Girl dolls; they look possessed. Anyway, I was trying to decipher the origin of my irrational fear and I think it might have something to do with a movie I […]
Outrage doesn’t even begin to describe my feelings after finding out about this story this past month. The NASD announced that it has fined two Fidelity broker dealers a whopping $400,000 for preparing and distributing misleading sales literature promoting Fidelity’s Destiny I and II Systematic Investment Plans, which were targeted at U.S. military personnel. These […]
A frequent target of mine here in the newsletter and on the radio show is none other than the ultimate Wall Street showman James Cramer of CNBC’s Mad Money fame. In our January 2006 article Easy Money Tall Tales we utilize the CXO Advisory Group’s audit of James Cramer’s on air picks to prove that […]
There are certain movies that whenever they happen to cross my path while channel surfing, I must stop and watch. The comedy Office Space is one such film. In this movie a bunch of disgruntled workers infect their companies computer system with a virus that systematically takes all fractional monetary transactions and forwards the funds […]