Archive for the 'Media' Category

SMH is at it again…

Published by admin on February 24, 2009 under Media

They are now recommending you buy Qantas.

I recommend that if you want minimal returns with a high probability of losing all your money. The airline industry is a terrible business no matter which carrier you are.

Update: Qantas announce a substantial fall in profits and job cuts.

American stocks appear to be sentient!

Published by admin on October 19, 2008 under Media

Marketwatch headline: “Stocks to search for stability”.

Fairfax hot air

Published by admin on July 23, 2008 under Media

Fairfax is currently recommending a company with no revenue or profits and a net worth that would require it to earn $350 million this year. If anyone is interested in that stock I also have a bridge you might like.