This interview on the Comedy Network was some of the most honest TV I have seen in a good while. Jon Stewart is that valuable combination of wise and witty and he makes his points very well. Watch the full segment here (Hat tip and thanks to Bernard)
I have been waiting for 9 years for Jim Cramer to finally be dismissed as one of the modern poster boys for all that is wrong with the financial world. I wrote about him in Juggling Dynamite. Incredibly his show seems to still have a big following.
Cramer is the epitome of the frequent farce of the financial media which portends to be “expertise and advice” when in fact it is entertainment and a powerful platform for financial sales. It could all be considered harmless entertainment–except that it is not. Real people are hurt. This has been my point for a long time now.
Cory’s Chart Corner
- Boom-Bust repeat. History calls B.S on "it's different this time", it's always different.
h/t Jessie Felder
about 9 hours ago
- Very impressive...however, given we're a consumption led economy, robots will become just another channel of wealth… https://t.co/OcCREIZbuL
about 12 hours ago
- What determines an inverted yield curve w/QE distortions and a short end at 1.25%...does the 10 yr really have to g… https://t.co/9NEwz1H25x
about 2 days ago
- Boom-Bust repeat. History calls B.S on "it's different this time", it's always different. h/t Jessie Felder
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”