Did you see this shit?
Here’s the article.
LOL
These guys are the butt of jokes in this joke of an industry…they should change their website to JokeSquared.com because their writers are mainly underperforming doofs.
According to the SF Gate, they even rip on mutual funds so the SF Gate rips on them:
But the Fool has always liked to jab its collective finger in the eye of nonbelievers, so the Web site’s Mutual Fund Center – its basic introduction to fund investing – includes this gem: “Here are four words that’ll serve as the foundation – heck, make that the foundation, walls, roof and wall-to-wall shag – for your long-term success in investing in mutual funds: Buy an index fund.”
Or there is the article on the site, updated earlier this month, where the author is “here to steer you away from dastardly mutual funds and toward more sensible investments.” She goes on to call fund investors “beslubbering, flap-mouthed harpies.”
And they mean every word of what they say, except where it might be applied to their own, brand-new, actively managed Motley Fool Independence Fund.
It gets worse:
In December, the Motley Fool announced it was going into the asset-management business, all built around its core investment philosophies and straightforward yet tongue-in-cheek communications. The new mutual fund is one of the seedlings sprouted from the new business.
“For years, we have pointed out that most money managers underperform the market – as a case in point, over the past 15 years, some 80 percent of mutual funds have lost to the S&P 500,” the company’s co-founders, Tom and David Gardner, wrote in announcing their money-management efforts. “But we believe products that adhere to the investment philosophies advocated by the Motley Fool can offer a superb alternative to most investment vehicles available today.”
OK, so they’re hypocrites, but that’s Wall Street, so it’s tough to fault them for that.
No, what I’m gonna fault them for, over and over again is:
1. Their “premium” newsletter performance–they only say what they outperformed or underperformed their respective indexes. C’mon you maniacal manipulators, show your real returns, as shitty as they are! See, I’m up 220% in the last year or so, if I say how much I outperformed by, it’s more like 1,000%. I don’t sink to such depths. Disgusting marketing tactic Fools.
2. One of the Fool writers liked my book An American Hedge Fund and submitted a review to Fool–and sent it to me–the Fools rejected it because a.) it was so positive they thought we were friends (never met or talked to the dude in my life) and b.) it was positive on penny stocks, something the Fool could never permit….you piece of shit narrow-minded-no-influence-deserving-little-bitches, penny stocks are good and you can see that my by returns, my real returns, no marketing tactics needed!
3. The Fools really only made their $ on AOL and IOM back during the bubble…they haven’t had a great call in a decade…again, they’re just a marketing machine, no different than the rest of Wall Street. Suck on it you underperforming Fools, your end will come soon–no different than the similarly flawed thinking Trader Monthly–sooner than you think…and sooner than we could hope for.
4. Minyanville is everything Fool wants to be…The Fool is kinda like Minyanville’s half-retarded untalented cousin everyone feels bad for.
Posted in idiots, Manipulation