CNBC Has No Young Viewers, My Readers Are All Young, Hmmmmm
Posted by timothysykes on Sat 5th of Apr, 2008 05:57:01 PM
Tags:
Catching up on some somewhat-useless headlines…while CNBC’s ratings were up 20% as whole, their numbers for everybody not getting social security were down 20%. Where did those viewers go…obviously not to Fox Biz–not with their 10k daily viewers…sorry guys…and probably not to BloombergTV–that channel works better than Nyquil aka should never be watched while operating heavy machinery.
My guess: those “young people” stopped caring about finance because IT BORES THEM!
Insiders don’t realize it–they need to star on a reality TV show–outsiders understand nothing! It’s okay in bull markets because at least viewers are making money, but when bear markets hit, then they’re just confused AND poor…not a good combo at all. And it’s directly due to the WWF (I guess now WWE)-type-entertainment these channels promote that get mistaken for solid advice. Viewers don’t realize 70% of fund managers fail to beat indexes and more than 50% of stocks have negative annual returns!
Nope, these people are still fully invested–financially and emotionally–in crap like AAPL and GOOG because “they’re fast growing companies,” their products “are changing the world” and just about every TV guest says they’re good long-term investments. Bleh! How do those 40% drawdowns taste you undisciplined morons? (I keep telling you this is battlefield, there’s no room for untrained troops, you’re just gonna get mowed down)
CNBC’s still banking a few hundred mil/year so they don’t really care, but it’s no wonder society looks down on finance–individual investors get screwed. Last time I was on CNBC, I tried explaining this–my friends couldn’t even watch for more than 20 minutes because it was all just gibberish to them and I tried changing it up–no longer disguising the entertainment aspect of it all–by bringing models on:
But apparently some higher ups found that offensive and I haven’t been on since.Well, now I’ve learned form those mistakes and got a biz model in place–all I gotta do is be more entertaining than the blocks of wood on TV…and hey, I’ll even throw in a profitable trading strategy to boot, which, thanks to the interactivity of the web, is understandable to the max. So, thank you CNBC!
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
-
Mike
-
dome
-
CleavageRules
-
Jarrod
-
Jason R.
-
JJ
-
Mike
-
Mike
-
JJ
-
Zykosis
-
Joe
-
Zykosis
-
Matt
-
BenBien
-
derf
TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $92,304 (644%)
