Posted December 20, 2011 at 11:35 pm
by Barry Goss
Managing Editor & Publisher, The Wealth Vault
The problem with ‘gloom ‘n doom’ thinkers — or specifically chicken little infused investment analysts — is that they want to be RIGHT, about the future, all all costs.
To them, peril should one day come. When it does, they’ll get their 15-minutes of “I told you so” fame.
Some, even in the face of irrefutable facts that show their less-than-average performance as a money manager or investor, still cling to their the sky will be falling facade.
Yup, fear sells. It always has, it always will.
And, as sad as this is to say, there are people out there morally-tweaked to be ‘okay’ with always selling the potential of future peril, while ignoring ‘right now’ profits.
After all, isn’t it easier for them to throw out excessive and over-the-top warnings about what an investor should BEWARE of than to give them practical (and instantly useable) ideas to PROFIT FROM now?
The former platform just requires them to sound and seem concerned, due to their self-styled ways of expressing what one day may (or possibly can) happen.
But, if you’ve been reading any of our in-house commentary on our Wealth Wire blog, by now you get that we’re about ‘growing money’ through smart traders, managed accounts, and human ingenuity.
So, when I saw an recent episode of Stossel, I couldn’t help but shake my head to the point of exhaustion.
I’m not sure if it’s his voice itself that brought upon my “Are you kidding me!” grimace, or his kid like emotional state of “Well… I just don’t like them [China]” towards the end of the video that is at the bottom of this post.
Stephen Leeb could literally be the poster boy for Chicken Little Investment Analysts (CLIA’s), the world over.
Just ask yourself:
“Do I want to invest alongside somebody who attaches way too much significance to their own ideological hopelessness about the future — where their alarmist identity must force their research to match up their beliefs — or do I want to piggyback off the efforts of the world’s greatest speculators and traders?”
If it’s the latter, check out our informational video that covers our premium research…
Tags: popular
Stay connected to the pulse of Renegade Investing & Wealth Generation
Subscribe to our email wire and receive hand- picked DAILY-updated financial, investing, and economic news that is usable, unique, and timely.
Find Out More
or sign up below
Loading ...