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Stocks B / Berkshire Hathaway

URL:  https://boards.fool.com/quotcnbcs-job-is-to-reflect-what-is-happening-17462388.aspx

Subject:  Re: Letter to CNBC! Date:  7/4/2002  5:48 PM
Author:  Parsad Number:  65452 of 250122

"CNBC's job is to reflect what is happening in the market on a day to day basis. That is what they did. Hindsight is 20/20, and yes, now we all see the folly of our ways. CNBC may have played a part in the bubble and subsequent crash, but certainly was not the cause. I don't think it is their responsibility to educate stupid investors.

Rt.

Note: I do not work for CNBC, but, as I have stated in prior posts, I remain long on Maria."

Sorry Rt., can't agree with you on that. Their job is to educate as much as it is to report the news. I think everyone in their life is responsible for their actions, be it the media, a doctor, a lawyer or analyst. We are all responsible for what we say, what we do, and the message involved with that. Touting stocks, giving CEO's the opportunity to explain why their company will explode, or money mangers given airtime to discuss their investment strategy and why you should be using it, all should accept the repercussions with those opinions. Cheers!

Note: I think CNBC would be more valuable, at least to male viewers, if Maria Bartiromo was allowed to report the news in a bubble bath! Cheers!



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