That is the problem with the "CNBC world" we live in. Too many people saying too much without thorough analysis. The process should always be: research, discovery, then report. Our soundbite society has it in reverse - say something, then think of a way to shape the data to back up what you just said. Want to make sound long-term investment decisions? Turn off CNBC. Mike Kayes, CFA Willingdon Wealth Management
Bove, blame the CNBC "bullish voodoo curse" that inflicts all guests . You walk on the set with good logical intentions, then the curse hits like a freight train. If left untreated, you turn into Cramer...(and you thought Swine Flu was scary, whew.)
This news story has 5 comments:
Mike Kayes, CFA
Willingdon Wealth Management
He simply gets paid to make comments based on trader's positions.