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Author: 0x6a74 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10413  
Subject: Re: Missing information missing substance Date: 3/17/2000 11:30 AM
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And this is exactly why I found Bill Barker's "CNBC: A Day of Missing Information" upsetting. It was hypocritical.
It was most (dare I not capitalize it) . . . most foolish.

<snip>

I think that Barker may have been onto something, ....


intersting. thanks for the link from F4-board.

in a different context , the Barker article would be, right on, but in the context of TMF, it does rather appear to be a "Our Experts are Right, Their Experts are lying sob's"....

my favorite example:
" and more bonds. Having more than 60% of your portfolio in stocks is not appropriate according to CNBC's invisible experts referenced in the report, though there's little reason given for that, or whether that is age specific advice. The possibility that the experts are working for firms that have a financial interest in people constantly rejiggering their portfolios is piece of information which, once again, is missing."

he pokes the 'experts' for suggesting we own more bonds and perhaps even some specific percentage... But the possibility that that Writer works for a firm that strongly recommends 00% in bonds... is not mentioned.


TMF has their own Received Wisdom... they just have the luxury of enough space to try to explain it and link to the explanation every time mentioned (the TV doesn't have the space, and certainly can't explain 'bond theory' Every day).


jpt

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