Listening to Financial Pundits

[HFWR]

Quote:

Originally Posted by big-papa 7) We would all have jetpacks by now. Where's my jetpack?

Would you settle for a six-pack?

[Walt34]

Quote:

Originally Posted by big-papa 7) We would all have jetpacks by now. Where's my jetpack?

They're here, but not cheap at ~$150k. Each.

Joyride on a jetpack: Taking to the 'skies' over Paris - CNN.com

[mickeyd]

When reading or listening to a pundit (or other wise guy) I always assume that they have a hidden agenda. This could be a book (new or old), a blog, a "gadget", or a scam that they are working. This goes for Jack Bogle or any other person that I generally agree with.

I'm not a black helicopter guy but I have not gotten where I am today by not paying attention.

[ERD50]

Quote:

Originally Posted by mickeyd When reading or listening to a pundit (or other wise guy) I always assume that they have a hidden agenda. This could be a book (new or old), a blog, a "gadget", or a scam that they are working. This goes for Jack Bogle or any other person that I generally agree with. I'm not a black helicopter guy but I have not gotten where I am today by not paying attention.

I agree, and sometimes the 'agenda' for them is still a win-win for all.

Think Adam Smith - the butcher, baker, brewer. They each have an agenda, but we trade with them for mutual benefit.

But always look for the agenda, and consider the price you are paying.

-ERD50

[ETFs_Rule]

"Nobody but nobody, has consistently guessed the direction of the bond or stock market over any meaningful length of time." - John Markese, President, American Association of Individual Investors Journal

"There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of newscasters." -- Peter Lynch