18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
“I cannot understand why CNBC insists on interposing Dennis Kneale into every discussion. His observations — such as: “It’s not a loss until you sell,” and “Through this market turmoil, I haven’t looked once at my retirement account to see how much I’ve lost because I am in it for the long term. If you’re worried about it, then don’t look” — are an insult to the intelligence of viewers. I wonder if Dennis looked at his retirement account back in 2000.
Rev Shark on Kneale the asshat:
“I cannot understand why CNBC insists on interposing Dennis Kneale into every discussion. His observations — such as: “It’s not a loss until you sell,” and “Through this market turmoil, I haven’t looked once at my retirement account to see how much I’ve lost because I am in it for the long term. If you’re worried about it, then don’t look” — are an insult to the intelligence of viewers. I wonder if Dennis looked at his retirement account back in 2000.
His perma-bull viewpoint and lack of rigor are downright dangerous. In a market like this, we need people who understand the importance of protecting capital, rather than foolish commentators who think they are clever when they spout pithy clichés. “
Ohhh, I don’t think heeth tho pithy… he theems very nithe!
My new favorite website?
(Besides this one I mean?)
Yes, my new favorite website:
Fly, #63 is perfect for you.
Of course, #62 (Green Hippie!) and the one about recycling are the best one’s I’ve read thus far…
Speed racer…happy ass. Love it
why would someone subscribe to RM when they could JUST subscribe to Rev knowing full well he’s the best writer there?
Boom… #49 for you, you backsliding fucker.
I cop to #51 and #53.