Wednesday, November 18, 2009

Mr. Know It All


Remember?  Our good friend Mr. Know It All?...and cooking the Thanksgiving turkey....

Just how many Mr. Know It Alls prance around on our TV sets every night.  The redundit Kudlow, always looking for the silver lining, the hysterical Cramer, the pompous Dobbs, the bloviating Matthews, the incessant Obermann, the churlish Madow, the entire cast of fools at Faux Noise and we haven't even reached talk radio.

So why Bullwinkle's famous turkey bit and why the list of bad actors? Because they have something in common.  Bad advice.  Because they have the floor as  Bullwinkle has the stove, they can say about anything they please and do.  It doesn't matter if they are right or wrong, they have the stove and they are going to do what they want, common sense and facts aside.

So this is a blog about life among traders and trading.  Frankly there is no more honest profession.  These guys are trading real money and if they just do hunches and "I thinks" then they are going to be out money - their money - real money so they can't go into flights of fantasy.  Provacatures need not apply.

No comments:

Post a Comment