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CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 6:53 am
by doodle
Has anyone else totally given up on CNBC? The information that comes out of their morning programming is so utterly misleading or just plain flat wrong that I cant bear to have it on anymore even in the background while eating breakfast. Joe Kernan is especially a twit of monumental proportions. His commentary on taxes, austerity, the fiscal cliff, entitlements etc. are mired in such mumbo jumbo and make so little sense that he might as well be speaking Chinese. No wonder so many Americans are so fearful and confused about what is happening in our country when the leading source of economic and business news on television is so pitiful.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 9:55 am
by MediumTex
Maria Bartiromo is the alpha moron at CNBC.
In the words of the Black Adder, Maria is "thicker than a whale omelet."
The morning team are bush league idiots compared to what comes on later in the day.
Rick Santelli is sometimes okay.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 9:59 am
by doodle
Santelli is a flaming moron as well whose only addition to the programming comes in the form of his hillarious tirades Steve Liesman (one of the few respectable characters on the show) that usually end with him storming off the set. I wonder if his speaking voice is always so loud and grating or whether he just has to talk that way to compete with the chaos in the bond pit. Either way, his blood pressure looks to be off the charts. I dont have HDTV, but I can even see the veins in his neck and forehead bulging as he goes off the handle.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 2:28 pm
by Early Cuyler
I can't stand cnbc (or any other "news" program) either. It isn't actionable and sometimes it bothers me. As a result I try to avoid watching it.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 2:44 pm
by FarmerD
Outside of the Kudlow Report, there is nothing of substance on that network. CNBC is for entertainment purposes only.
BTW I'd like to issue my own CNBC recommendations
Becky Quick strong buy
Mandy Drury Buy
Maria Cabruso-Cabrerra Hold
Maria Bartoromo Sell!
I’d still have to issue my strongest buy recommendation on Bloomberg’s Betty Liu
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 3:00 pm
by Early Cuyler
FarmerD wrote:
Outside of the Kudlow Report, there is nothing of substance on that network. CNBC is for entertainment purposes only.
BTW I'd like to issue my own CNBC recommendations
Becky Quick strong buy
Mandy Drury Buy
Maria Cabruso-Cabrerra Hold
Maria Bartoromo Sell!
I’d still have to issue my strongest buy recommendation on Bloomberg’s Betty Liu
What is your expert opinion on Trish Reagan of Bloomberg? Or do I need to subscribe to your newsletter for that?
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 3:21 pm
by FarmerD
Early Cuyler wrote:
FarmerD wrote:
Outside of the Kudlow Report, there is nothing of substance on that network. CNBC is for entertainment purposes only.
BTW I'd like to issue my own CNBC recommendations
Becky Quick strong buy
Mandy Drury Buy
Maria Cabruso-Cabrerra Hold
Maria Bartoromo Sell!
I’d still have to issue my strongest buy recommendation on Bloomberg’s Betty Liu
What is your expert opinion on Trish Reagan of Bloomberg? Or do I need to subscribe to your newsletter for that?
Not on my stock screener though I've hear Goldman Sacks will upgrade to "outperform."
I probably should cool it with the buy/sell recommendations since some of the financial news personalities might not like it. For example, I have no doubt Suze Orman is willing (and able) to ground and pound my ass anytime she so desires.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 5:47 pm
by MachineGhost
doodle wrote:
Has anyone else totally given up on CNBC? The information that comes out of their morning programming is so utterly misleading or just plain flat wrong that I cant bear to have it on anymore even in the background while eating breakfast. Joe Kernan is especially a twit of monumental proportions. His commentary on taxes, austerity, the fiscal cliff, entitlements etc. are mired in such mumbo jumbo and make so little sense that he might as well be speaking Chinese. No wonder so many Americans are so fearful and confused about what is happening in our country when the leading source of economic and business news on television is so pitiful.
CNBC is entertainment, not news. Although I haven't noticed that Kernan seems any more of a twit than any other fixed-exchange-money-standard Republican. What specifically does he say that you find offensive?
I can only tolerate Squawk Box at best. The rest of the shows are boring (Kudlow is predictably Republican propaganda over and over). Mad Money is indescribable.
Re: CNBC - Squawk Box Morons
Posted: Tue Jan 22, 2013 11:29 pm
by MediumTex
FarmerD wrote:
I probably should cool it with the buy/sell recommendations since some of the financial news personalities might not like it. For example, I have no doubt Suze Orman is willing (and able) to ground and pound my ass anytime she so desires.
Unless you have a woman's ass, I think you are probably safe since Suze Orman is a lesbian.
Maybe you meant she would
kick your ass, which might be true.
The thing that always scares me about Suze Orman is her teeth. I would be afraid if I pissed her off she would bite me.
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 2:14 am
by MachineGhost
MediumTex wrote:
Unless you have a woman's ass, I think you are probably safe since Suze Orman is a lesbian.
And you know this for a fact, how?
She used to be married... to a man. I think she just
looks like a lesbian.
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 9:27 am
by MediumTex
MachineGhost wrote:
MediumTex wrote:
Unless you have a woman's ass, I think you are probably safe since Suze Orman is a lesbian.
And you know this for a fact, how?
She used to be married... to a man. I think she just
looks like a lesbian.
She came out in the February 2007 issue of the New York Times Magazine.
She said she had been with her current partner for seven years and had never been with a man. She called herself a 55 year old virgin.
http://www.afterellen.com/people/2007/2/suzeorman
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 2:11 pm
by MachineGhost
Wow, I stand corrected!
So she lied about being married in her books?
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 2:31 pm
by MediumTex
MachineGhost wrote:
Wow, I stand corrected!
So she lied about being married in her books?
You've read her books?
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 2:45 pm
by Early Cuyler
MediumTex wrote:
MachineGhost wrote:
Wow, I stand corrected!
So she lied about being married in her books?
You've read her books?
Busted!
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 8:41 pm
by Coffee
I'd hit it.
Re: CNBC - Squawk Box Morons
Posted: Wed Jan 23, 2013 9:44 pm
by FarmerD
MachineGhost wrote:
Wow, I stand corrected!
So she lied about being married in her books?
MG,
Please tell me you do not have Suze Orman's books on the same shelf as Harry Browne's and craig/MedTex's book.
Seems sacreligeous somehow....
Re: CNBC - Squawk Box Morons
Posted: Thu Jan 24, 2013 6:53 am
by doodle
I dont know why i have cnbc on again this morning but Ray Dalio is giving interview from Davos and his investment strategy is essentially the permanent portfolio although he hasnt mentioned the concept by name even once.
Re: CNBC - Squawk Box Morons
Posted: Thu Jan 24, 2013 8:18 am
by FarmerD
doodle wrote:
I dont know why i have cnbc on again this morning but Ray Dalio is giving interview from Davos and his investment strategy is essentially the permanent portfolio although he hasnt mentioned the concept by name even once.
Of course not. If I ran a conservative growth fund I'd put the bulk of funds in gold, long treasuries, and a diversified array of stocks. With the rest of the funds available I'd put inconsequential amounts in things like muni's, TIPS, reits, oil well royalties, fine art, Ming Vases, etc. That way I could claim to have a propriety strategty that produces steady positive gains and hide that my true investment strategy was nothing but a slightly bastardized version of Harry Browne's strategy.
You'll hear Ray Dalio mention Harry Browne about as often as you see me running down Wall Street wearing nothing but chaps.
Re: CNBC - Squawk Box Morons
Posted: Thu Jan 24, 2013 9:44 am
by melveyr
FarmerD wrote:
Of course not. If I ran a conservative growth fund I'd put the bulk of funds in gold, long treasuries, and a diversified array of stocks. With the rest of the funds available I'd put inconsequential amounts in things like muni's, TIPS, reits, oil well royalties, fine art, Ming Vases, etc. That way I could claim to have a propriety strategty that produces steady positive gains and hide that my true investment strategy was nothing but a slightly bastardized version of Harry Browne's strategy.
It's funny I have thought about eventually doing the same thing except in a hedge fund wrapper. People would see the smooth returns and assume something very exotic was happening underneath because its a "hedge fund." You could actually be doing your investors a service though. They need the appearance of complication to help themselves feel sophisticated.
Re: CNBC - Squawk Box Morons
Posted: Thu Jan 24, 2013 7:21 pm
by MachineGhost
FarmerD wrote:
Please tell me you do not have Suze Orman's books on the same shelf as Harry Browne's and craig/MedTex's book.
Seems sacreligeous somehow....
Don't worry. I have none of them on my shelf. I don't believe in owning books anymore. Once read, twice gone... the local library is your friend!
After seeing a
Fabulous, Wealthy and Wise infomercial once, I did read an Orman book just to see if I could learn anything new.