Jon Stewart Gets It, Boycott CNBC
CNBC’s Laughable Financial Advice
Jon Stewart finally jumps on the anti-CNBC bandwagon and makes terrific sport of it. His observations aptly summarize the years of “yucking it up” that I and my “real money trading” colleagues have experienced. When it comes to investing, the first assets you acquire should include:
1) 8lb sledge hammer (for killing TVs and radios)
2) 32 oz. Kingsford lighter fluid (see asset #2)
3) box of strike-anywhere matches, (for burning “get rich quick” trading/investing books, fliers, etc.)
Only #1 is re-usable, but the success you achieve by avoiding the mistakes you originally bought will help your performance in the long run.
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3 / 27 / 2009 UPDATE:
Diane Garnick suggested that I link to this tasty little morsel:
http://www.nypost.com/seven/03272009/gossip/pagesix/fast_flare_up_rattles_cnbc_161468.htm
Here are two guesses as to her motive:
1) She wants Dylan Ratikan’s job. (Look her up – not too hard on the eyes and has enough experience to ask intelligent questions.)
2. She’s a really big fan and reads my blog religiously. (yeah, the first guess is best)


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