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Why I don’t listen to stock analysts..

November 14, 2008

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This is so funny!  It’s a few videos strung together before the housing crisis hit (or any of the others crisis’) and ALL of the “experts” except one (Peter Schiff) are saying how there’s no problem, the economy is stronger than ever, subprime is a blip, yada, yada, yada…  I’ve always known that most analysts on TV don’t really know what they’re talking about and this is perfect example of that.  I do love it though when I get a chance to see traders speaking on TV like anyone from thinkorswim, or Price Headley or anyone else like that but most of these talking heads really are clueless.

But, after watching this I’m definitely adding Peter Schiff to my list of people to trust.

7 Responses to “Why I don’t listen to stock analysts..”

  1. roman mathys Says:

    holy ****,,,,schiff proved all these jerkoffs wrong,,,,

    WOW,,,i guess this Schiff guy really was right,,,im gonna read his books…

  2. 1option Says:

    Hey great site! I really enjoy our content. We have added you to our blogroll.

  3. crs Says:

    Superb compilation….We know who to keep an eye out for now…

  4. Steve Says:

    Yeah, agree with you, most of the TV analysts just care about how handsome they are on the shows. I enjoyed your blog. Very illustrative and very helpful, keep that good work coming!

  5. Carmen Says:

    I’m a big fan of Schiff’s and FOXNews as a whole, but even though I watch them I still don’t necessarily trust them 100%… you have to take these things with a grain of salt, but he was dead on this time. Thanks for the post!

  6. James Says:

    Schiff was def. on top of it from the beginning, without a doubt.

    Although, I think many so-called “experts” new the crisis would hit also, they just did not want to admit to it. Schiff had the balls to come out and say something was going to happen.

    I have enjoyed your blog and will continue visiting.

    I run a small subscription site that gives you free trading information and a practice trading platform, would love if you followed it: Future Options Trading

    The subscription comes with free eBook and state of the art trading platform. Hope you enjoy it and looking forward to your blog in the future.

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