Georgetown Partners' Latest Radio Proposal Raises Many Questions [View article]
Mr. Savery, self-appointed satellite radio expert, should make it clearer and state explicitly in his reports that he makes no recommendations on stocks.
Cramer Doesn't Say What Radio Stockholders Want to Hear [View article]
As greedy individual investors, you all simply gravitated to confirming evidence (others in prominent positions parroting what you already believed or wanted to hear, namely Messrs Cramer and Savery) while openly berating the voice of dissent (yours truly). Now that you have all lost considerable sums of money, do not point the finger entirely at your self-appointed "experts" in satellite radio. You bear responsiblity for your own losses by investing carelessly, and treating the process as a game rather than the serious discipline that it is.
Cramer Doesn't Say What Radio Stockholders Want to Hear [View article]
This is exactly the kind of value-destroying rhetoric I was addressing in my earlier postings. Messrs. Savery and Cramer have projected themselves to individual investors as bullish "gurus" on satellite radio. Now that my long-standing skepticism about these companies is being born out, both gentlemen have egg on their faces.
I asked several of you repeatedly, including Mr. Savery, to give me your price ceiling on SIRI, and your rationale for it. None of you could. I firmly believe that few if any of you bother to study their 10-Ks. You were all treating investing as though it's Vegas or American Idol. Everyone loves a winner, right?
You treat investing as though it's a sporting event. It takes critical thinking and discipline, friends. You don't become winners through cheerleading and blind allegiance to popular thinking. Many of you still think (or simply want to believe) these stocks are going to go to the moon, but none of you can articulate and quantify why you believe that. It will take losing money to convince you otherwise.
Georgetown Partners' Latest Radio Proposal Raises Many Questions [View article]
Georgetown Partners' Latest Radio Proposal Raises Many Questions [View article]
Cramer Doesn't Say What Radio Stockholders Want to Hear [View article]
Cramer Doesn't Say What Radio Stockholders Want to Hear [View article]
I asked several of you repeatedly, including Mr. Savery, to give me your price ceiling on SIRI, and your rationale for it. None of you could. I firmly believe that few if any of you bother to study their 10-Ks. You were all treating investing as though it's Vegas or American Idol. Everyone loves a winner, right?
You treat investing as though it's a sporting event. It takes critical thinking and discipline, friends. You don't become winners through cheerleading and blind allegiance to popular thinking. Many of you still think (or simply want to believe) these stocks are going to go to the moon, but none of you can articulate and quantify why you believe that. It will take losing money to convince you otherwise.