Entries from April 2009

Thursday, April 16th, 2009

Seven Ways to Beat the Market - Guaranteed

Become….
1.  BROKERS
Charge ample commissions.
Charge for margin usage.
Get kickbacks from the exchanges (aka order flow)
Get % interest on cash deposits.
2.  FUND MANAGERS
Charge management fees (like 12-b-1 fees) while consistently underperforming or just lie to investors (Madoff et al).
3. MARKET MAKERS/SPECIALISTS
Keep the spread (diff. between bid and ask).
4. EXCHANGES
Charge participation and transaction fees on everything concievable.
5. CONSUMERS: EXCEPTION TO THE LIST, [...]

More on this topic (What's this?)
The Ordinary Evil of Bernie Madoff (Contrarian Profits, 6/30/09)
Social Security: The Biggest Ponzi Scheme You Don’t Know About (Contrarian Profits, 6/30/09)
Three Investing Lessons from Bernie Madoff (Investment U, 7/7/09)
Read more on Bernard Madoff at Wikinvest

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Tuesday, April 14th, 2009

Suze Orman Betrays Investors on Oprah

     Stephen Palmer’s video address at http://thecauseofliberty.com prompted the following article.   
     I saw Suze on Oprah as well. It made me cry. I guess there’s a first time for everything. I don’t admit that easily. After hours of mental and emotional anguish in feeling the pain of the Americans she sold her lies to, there was nothing [...]

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