Nova Law

Constellation Brands Vs. Diageo: A Good Stock Picking Study

Cara claims: "[On April 8, 2005] I recommended a purchase of DEO and sale of STZ; I didn’t want to pick on Cramer, I simply wanted to explain to readers how I pick companies."

A bald faced lie. Yet again, Cara dishonestly takes credit for a call which he did not make. If you go back and read his April 8, 2005 post, he had this to say about DEO:

"Diageo, in fact, makes the Cara Global Best 100. You'd have read that before except the price of the stock at $59.59, is too high."

www.billcara.com/archi...

He was correct in his assessment of STZ, recommending a sell, but if you review his own words, he did not advise buying DEO, as the price was "too high."

I am fully prepared to give Cara credit where credit is due. But in today's case, his current post consists of one part truth with one part lie.