lovin the Jon Stewart/CNBC battle
as my friend dietze and i have discussed for years……cnbc is an entertainment network, masquerading as a news network, masquerading as your financial advisor. in reality, they are comedy central for guys who like finance. while jon stewart is notorious for attacking easy targets with great bluster and with little desire to actually seek any kind of resolution other than self-satisfied indignation for himself, i did really enjoy these clips…..the last one is a bit long, but it is sad and is worth watching if only to remind ourselves that the way to make money is to work. the way to make more money is to save that money you made working. the way to retire with money is to invest that money wisely (the s&p traded as spdr’s would do)……..and in so doing remember that if anybody had a foolproof way to get huge returns, they wouldn’t be sharing it with you. they’d be doing (as a colleague of one of my finance professors did) leaving their employer or graduate program, exploiting the hole in the system for as long as it lasted and then sailing around the world on a boat. oh, and the second video starts a little slow but is getting good by a couple of minutes in. then it becomes….well, just watch and see.
oh, and PS, it looks like youtube had to pull their copy of the first (shorter) clip, so i found the hulu version.
and then hulu pulled theirs, so this is my last attempt at capturing some of this.
Jon Stewart Interviews Jim Cramer
Uploaded by gaijinhito. – Watch the latest news videos.
btw, if you’re viewing this on facebook, you apparently have to click “view original post” below to get the videos. let’s get on the stick with the content integration, fb.
