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Author: repoonsatad Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 40850  
Subject: On TMF Date: 12/16/2000 12:09 AM
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I want to clarify my own position regarding TMF. My userid has been mentioned extensively recently, at this and other boards, often taken as being synonymous with anti-TMF behavior. I'm not anti-TMF! I disagree strongly with TMF on a number of issues and typically call it as I see it with few diplomatic skills, but I'm not anti-TMF. I can see only one purpose of having discussion boards and that's to discuss issues. If we all agreed there would be little value in having discussion boards. I happen to disagree with TMF more than most but only for constructive purposes. I'm not criticizing TMF in order to burn down the house and having people demand refunds for the books. I'm criticizing because I feel I have knowledge about certain issues and that other people can potentially learn from my view. I apologize if you feel that you learn nothing from my posts, even more if they offend you, but that's not my purpose.

Regarding the Foolish Four I really believe that it's worthless and even risky. I want to convince you all and TMF that I'm right. I've put in long hours to accomplish this and I feel that the process is on the right track. I'm not doing it because I feel a need to trash TMF. I only want to set the record straight in my view. I believe this process is an illustration of the advantage of TMFs business model. TMF is a business and needs (possibly desperately I would imagine these days) to find revenue sources and I've come to understand and respect this. However, there are many sites out there as competitors. TMF has one advantage compared to those and that's the boards and the ability for users to influence the debate. That's a great advantage and the reason why you find so many smart people posting here and working for the Fool.

I also feel that TMF has mishandled/is mishandling the Foolish Four situation. I'm doing whatever I can to persuade all of you and TMF in particular. What I'm trying to do is really forcing TMF to exploit the full extent of its business model advantage. If you write a book pushing some strategy that not as good as you thought you'll rarely be held accountable or need to change your view. Even if you renounce your book you avoid the subsequent debate. In this case, because of TMFs fine business model, we are taking it all the way. TMF is not ignoring me and that's quite extraordinary.

Finally, regarding the Foolish Four debate it's not just me that's bringing up these issues but a big part of the community. I listed some names (and for sure forgot others) in: http://boards.fool.com/Message.asp?mid=13883807&sort=username. Let me quote:

I think that many people have been working hard on this issue. There's been outside criticism. VMSoui has been active even before me. Qwerty1999/Qwerty2001 has been extremely active and persistent. The guy who wrote the FAQ on the Foolish Four (DaveGoldman) has played a pivotal role of recognizing (even agreeing with some of) the issues. TMFSynchronicity has been very helpful and balanced. 1crates, Albaby1, Alex576277, Bradley3, DaveThomer, fingfool, FractalWalk, howardroark, jimmei, Luke007, X6256???, etc. have been instrumental plus many more that I neglected to mention. Eventually the combined pressure added up and made a difference. I beliieve this site will be a better place.

Datasnooper.
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