Macrobusiness labels contributors as FREELOADERS if they don't pay for a subscription; David Llewellyn-Smith and Leith van Onselen grow desperate for funds
Tweet Topic Started: 8 Mar 2017, 01:12 PM (7,498 Views)
The MB fund shorts the Aussie dollar pretty hard - lots of investment in overseas assets etc. MB had a target of 50c for the AUD as far as I remember. Things are definitely not going their way. The fund must be deeply in the red already. Not surprising really, their MacroInvestor funds suffered the same fate a few years ago. Macrobusiness are pretty clueless when it comes to financial and economic matters, but they tell the bears what they want to hear, so the daft bears will be happy to keep paying fees to MB for the privilege of watching their savings evaporate. People like Veritas and Chris fall hook line and sinker for these sort of scams every time. Only a fool would entrust their financial future to a pair of bloggers who have been pretty much wrong about everything for years.
Your pathetic trolling if MB is nothing short of desperation on your part, quite sad to watch.
You need to keep your immature personal gripes to yourself. You have a professional vendetta against a few people but the Llewellyn-Smith is certainly one of your top 5, as I said Shadow I know a lot about you and your reasons for targeting these people.
It's sad, get a life this behaviour belies your apparent professional acumen.
Your pathetic trolling if MB is nothing short of desperation on your part, quite sad to watch.
You need to keep your immature personal gripes to yourself. You have a professional vendetta against a few people but the Llewellyn-Smith is certainly one of your top 5, as I said Shadow I know a lot about you and your reasons for targeting these people.
It's sad, get a life this behaviour belies your apparent professional acumen.
Thanks for the feedback - good to know my post hit the mark.
I don't think that is the case now, they have called in someone with some knowledge - apparently. I haven't taken much notice of what they are investing in.
And while I accept it's not especially reasonable to despise them for it, I still tend to revert to the old 'socialist' bias from my then comparative youth in Keating's "The recession we had to have" days, where Yep, way deep down, I still can tend to genuinely despise stock markets and traders/investors in them; Given they 'rejoiced' and went up while the workers' jobs were getting trashed.
Plus they apparently did actually sink to the totally despicable low reasonably recently, of becoming rather revisionist and wanting to tell the tale that they'd not been bearish on Oz home ownership as such; Just on investing in Oz IPs - Effing lying cunnies; For mine anyways.
Hmmm - And there's also the fact that to the extent 'they' may be able to genuinely lay claim to being Economists, the school of economic thought that they primarily seem to belong to is one called "The baby boomers tooled us over and are arseholes so we hate them and they must be punished" - Which as a baby boomer, definitely doesn't endear them to me either.
Always be the victim and always blame someone else. As long as you write your name on the top of the page you will still get a gold star on your project, and you won't be failed.
Take risks - if you win you will become wealthy, if you lose you will become wise
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