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MacroBusiness, Macro Investor, Macro Associates. Business Model Revealed. $480 subscription.; Gabbo is Here! Get the best finance advice for only $480 a year!
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Topic Started: 29 Jun 2012, 12:21 PM (9,307 Views)
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Mark Hansom
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29 Jun 2012, 12:21 PM
Post #1
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Mark Hansom
- Posts:
- 14
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- Member
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- 29/06/2012
- Blog
- Mark Hansom
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CASH GRAB STATEMENT
(This is a parody. The author has no affiliation with the twits at MacroBusiness, Macro Investor or Macro Associates)
In 20011/12, the MacroBears bog forced a bear agenda down the throats of Australia’s strong housing sector media. The failure of our site was quite something. With a founding investment of four pre-existing blogs, mainstream media connections to market our blogs on Sydney Morning Herald, 14 bloggers and supporting network, MB reached levels of traffic in May ’12 roughly one third of what you would expect for a blog with so many advantages. Other minor blogs in New York and London linked to it daily in a way that clearly underlines their need for reinforcement and confirmation of their bearish outlook.
Our failure is testament to many things. The first is our dire need to be right, and despite the massive blunders that we make on a regular basis, we will never ever admit our mistakes. Our readers are castrated by the pressure that chief censor Dave L Smith wields over our editorial, deleting and censoring any readers who dare to question him or point out his many errors. Our content model hands editorial control directly to one-eyed permabear doomsayers.
The second reason we enjoy so little grass-roots success is the poor quality of our content. Nowhere else will you find such inaccurate, mistake-ridden and shallow analysis of issues surrounding the Aussie economy and housing market especially.
The third reason for our deep failure is that there are so many other products of this kind all over the web. Readers can find excellent free content just about anywhere these days. By that I mean MB is just some collection of bear blogs on one site. It’s an entirely useless method of blogging. Gone is the balanced commentary of other sites that allow both sides of the debate to have an equal voice. Gone is the middle ground of journalism. In their place is a blog whose main goal is the perpetuation of its own status and the making of money from Google ads and paid subscriptions.
On MacroBears, pretense replaces genuine expertise. Manifold viewpoints are censored and members must toe the party line. Any utterances that go against the groupthink are deleted or drowned out by the wailing of self-entitled bitter bears. To put it succinctly, MacroBears is an idiot class.
Now we are pouring this greed, idiocy and lack of experience into a new overpriced product that will damage MacroBears but hopefully enable our staff to lie on the beach and live the high life on the back of your hard-earned money. Where MacroBears censored debate, Macro Investah will force our agenda down your throats. Where MacroBears offers gloom, Macro Investah will offer confirmation bias. Where MacroBears ignores positive data and opportunities, Macro Investah will rake in the cash at a rate of $400 per subscriber per year.
For those who give a shit, this was the plan for our Macro Association scam from the beginning. Our pricey newsletter will compete with the likes of Kris Sayce who famously apologised to Chris Joye for being wrong about everything. Yes, we are very much stuck in the past. Our report is dominated by vested interests who just want house prices to crash as we have been promising for so long. We have lost our independence completely. All we care about is making money from our whiney readers by feeding them bear fodder that gives them hope for the big 40% crash promised by Steve Keen.
Macro Investah was conceived with with no key differences in mind. It is a permabear letter, covering equities, property, foreign exchange and super. All of these are covered not with a balanced approach, but with a desire to present the most negative and gloomy possible conclusion from every piece of data. And finally, of course, the newsletter will make us rich. Rich beyond our wildest dreams. You, dear readers, will help us build our own wealth in a difficult world.
There will be some major changes to MacroBears, and in sum Macro Investah will subtract from the blog far more than it gives back. In time we hope to build this scam into a money spinning force, and perhaps in some minor way, help turn back the fatal decline in our own private incomes.
I hope very much that you pay us well in this journey.
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Macro Business, Macro Investor, and Macro Associates: The MB Business Model Revealed!
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Mark Hansom
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29 Jun 2012, 12:29 PM
Post #2
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Mark Hansom
- Posts:
- 14
- Group:
- Member
- Member
- #2,172
- Joined:
- 29/06/2012
- Blog
- Mark Hansom
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Macro Investah isn't Australia’s only worthless doom and gloom publication covering equities, trades, real estate, foreign exchange, fixed interest and portfolio management for the greater bear fool, but it is the newest one!
Our approach is not very different to the other crappy 'investment' newsletters. We use simplistic 'value' or 'fundamentals' approaches to picking shares, and we fudge our conclusions into a confined context of bearishness that omits reality, economics, politics, currencies, business cycles and plain common sense from the analysis. We have a deep misunderstanding of the markets, and that is one of our prime weaknesses. Macro Investah offers useless 'advice' for anyone silly enough to waste their money on our overpriced rag.
Our approach delivers worthless 'insights' into when and how much to hoard or offload particular dud assets, as well as how to create an unbalanced portfolio of different assets that include everything except property, which we hate.
Macro Investah is driven by a desire to make money from investors like you, who we hope will pay us a small fortune for our newsletter.
Our cash grab and fear mongering scheme is called FARM.
- Fleece - All - Readers of - MacroBears
The FARM methodology was based on the posts made by our readers on the MacroBears blog. Like most doom and gloom newsletters, we are diehard permabears, we write what our readers want to hear, and we expect them to pay us for the privilege of reinforcing their confirmation bias.
FARM delivers a 'get rick quick' approach that we hope will build reliable returns for our bloggers, regardless of prevailing market conditions.
We thank you in advance for your money!
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Macro Business, Macro Investor, and Macro Associates: The MB Business Model Revealed!
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Mark Hansom
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29 Jun 2012, 12:30 PM
Post #3
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Mark Hansom
- Posts:
- 14
- Group:
- Member
- Member
- #2,172
- Joined:
- 29/06/2012
- Blog
- Mark Hansom
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OUR PEOPLE
Doorman
Alistaire is Doorman of the Macro Association group. He was previously Group Publisher, Fairfax Business Publications, International at Fairfax Business Media, Chairman and Managing Director at Strategic Publishing Group and Group Advertising Manager, London at VNU Business Publications. With over 30 years experience in publishing, leadership development and marketing, his passion is building small businesses into much smaller businesses.
David Llewelyn-Smyth – Publisher and Censor-in-Chief
David is the founding publisher and former editor-in-chief of The Diplomat magazine, which became Asia Pacific’s leading geo-politics and economics website after they dumped him. He is a regular annoyance at The Sydney Morning Herald, The Age and ABC and is a former commentator at Business Spectator. He once helped Ross Garnaut write a book.
Gregor MacKenna – Chief Doomsayer
Gregor is the Principal of Shipwreck Securities. He has 25 years’ experience in wanking, trading, portfolio management, as a Currency/Market Strategist and a Treasurer. He holds a Bachelor of Business (Wanking and Finance) and a Masters of Applied Finance and is a Senior Associate of FINSIA and AFMA accredited. He was previously Head of Currency Strategy at the NAB and Westpac and a Fund Manager with the NSW State Super Fund, where he lost cash, bond and foreign exchange funds to the tune of many billions of dollars. More recently he was Treasurer of Newcastle Permanent Building Society where he managed the treasury team and was responsible for losses of approximately -$7.5 billion.
Keith van Onselen – Conventional 'Economist'
Keith has previously made a complete tit of himself by pretending to be an economist at the Australian Treasury, Victorian Treasury and Goldman Sachs. He has a strong background in sweet fuck all. Keith holds a Bachelor of Commerce (Honours) degree from Degrees Online and a Graduate Diploma of Applied Finance and Investment from some imaginary college in India.
Michael Felcher – Bear Feller
Michael was previously chief investment strategist of the Eureka Report and a senior equities analyst at Lincoln Indicators. He has a strong background in journalism and business, having worked in a variety of engagements throughout Australia and the Asia Pacific. Michael holds a massive schlong and a Bachelor of Arts (Honours) degree. He is an Associate of FINSIA and a member of the Australian Institute of International Affairs.
Chris Pecker – Food Strategist
Chris is a professional pie-eater with a strong background in fries. He was previously the taster for MacDonalds, focusing on fat content in the Australian small to mid burger sector. He was also the senior manager of Growth Plus in Brisbane, a rapid weight gain diet company. Chris is a professional eater with ten years of food, drink and sleep experience.
Vanesa Philips – Secretary
Vanesa is a hottie. Need we say more? The sweetheart of Macro Association, she barely covers herself most days, and the boys in the office are crazy about her. We're not quite sure what she does, something to do with filing? Who knows? We're too busy checking out her bum. Vanessa has six years experience online, including time at Love Bites and various internet dating agencies.
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Macro Business, Macro Investor, and Macro Associates: The MB Business Model Revealed!
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peter fraser
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29 Jun 2012, 12:31 PM
Post #4
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- Posts:
- 5,112
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- 05/11/2010
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- Quote:
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There will be some very minor changes to MacroBusiness but in sum Macro Investor will add to the blog far more than it takes away. In time we hope to build this combined group into a new independent force in Australian business media and, perhaps, in some minor way, help turn back the fatal decline in Australian leadership.
I hope very much that you join us in this journey. One of Macrobusiness's claims is that it isn't a vested interest and all information/advice is therefore impartial.
Mark how will you counter claims that macrobusiness may therefore become somewhat less impartial now that they will be charging for their investment advice?
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Mark Hansom
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29 Jun 2012, 12:34 PM
Post #5
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Mark Hansom
- Posts:
- 14
- Group:
- Member
- Member
- #2,172
- Joined:
- 29/06/2012
- Blog
- Mark Hansom
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FOUNDING SUBSCRIBER SPECIAL OFFER
As no special offer to Australian Property Forum readers, we're not offering a 20% discount on the annual subscription package!
Not only $385 FOR ONE YEAR
Please note, this offer might end July 31, 2012.
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Macro Business, Macro Investor, and Macro Associates: The MB Business Model Revealed!
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Mark Hansom
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29 Jun 2012, 12:43 PM
Post #6
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Mark Hansom
- Posts:
- 14
- Group:
- Member
- Member
- #2,172
- Joined:
- 29/06/2012
- Blog
- Mark Hansom
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- peter fraser
- 29 Jun 2012, 12:31 PM
One of Macrobusiness's claims is that it isn't a vested interest and all information/advice is therefore impartial.
Mark how will you counter claims that macrobusiness may therefore become somewhat less impartial now that they will be charging for their investment advice?
Peter, thank you for your question. Macro Association is an entirely new forum of journalism. We've put an end to 'know-it-all' one-eyed journalists, we're never afraid to admit our mistakes, and we welcome a diverse range of opinions with minimal censorship as you know. Contrary to the main goal of the mainstream media (i.e perpetuation of their own status), or goal is to guide and direct our readers through the economic mayhem that now riddles our world. Rest assured, our balance and impartiality will remain steadfast, and we truly believe the price we charge for our investment advice is small relative to the deep insight and analysis and accurate forecasts that we offer.
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Macro Business, Macro Investor, and Macro Associates: The MB Business Model Revealed!
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peter fraser
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29 Jun 2012, 12:50 PM
Post #7
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- Posts:
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- Mark Hansom
- 29 Jun 2012, 12:43 PM
- peter fraser
- 29 Jun 2012, 12:31 PM
One of Macrobusiness's claims is that it isn't a vested interest and all information/advice is therefore impartial.
Mark how will you counter claims that macrobusiness may therefore become somewhat less impartial now that they will be charging for their investment advice?
Peter, thank you for your question. Macro Associates is an entirely new forum of journalism. We've put an end to 'know-it-all' one-eyed journalists, we're never afraid to admit our mistakes, and we welcome a diverse range of opinions with minimal censorship as you know. Contrary to the main goal of the mainstream media (i.e perpetuation of their own status), or goal is to guide and direct our readers through the economic mayhem that now riddles our world. Rest assured, our balance and impartiality will remain steadfast, and we truly believe the price we charge for our investment advice is small relative to the deep insight and analysis and accurate forecasts that we offer. Well everyone in the market claims that.
Still, I'm a great believer in having a go, so all the best with the venture. I'm sure that you will get a diverse range of opinions on the venture from this site.
Be thick skinned and have a nice glass of red tonight when the day is done.
Cheers...
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NotFooled
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29 Jun 2012, 01:00 PM
Post #8
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The Bear Whisperer
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- Mark Hansom
- 29 Jun 2012, 12:21 PM
Macro Investor will offer advice.
Macro Investor will offer actionable intelligence.
Macro Investor will guide you in how to make money If Macrobusiness really knew how to make money, you wouldn't be hawking this paid newsletter.
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NotFooled
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29 Jun 2012, 01:11 PM
Post #9
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The Bear Whisperer
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- Field Check
- 29 Jun 2012, 11:18 AM
This led him (Mark Hanson) to make extraordinarily accurate predictions about the great mortgage and housing meltdown and company-specific events.
http://australianpropertyforum.com/topic/9632645
What bullshittery is this? Housing has dipped and stagnated but there has been no great "melt down". If this is the quality of advice being offered for $$$ then people need to steer well clear lest they risk losing real money.
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Strindberg
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29 Jun 2012, 01:20 PM
Post #10
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This must mean that Chris Becker has some more shares he needs to ramp before he dumps them without telling the people who act on his advice. Just like he spruiked JB hifi ("wonderful company" valued at >$20) and then claimed, after they crashed, he dumped them before they crashed.
PS - I don't actually believe Becker's claim that he dumped them before they crashed. He made that up to hide the fact that he lost a packet on their crash. Just another of his tall stories like his claim that he makes an annualized 50%-70% return by trading.
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Housing costs to Income broadly unchanged since 1994 - re-ratified here The People of Australia have the highest median wealth in the World 2002-2012 10 year house price growth the SLOWEST since 1952-1962 1990-2010 20 year house price growth the SLOWEST since 1950-1970
CHRIS BECKER NOW NEUTERED "There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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The Man
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29 Jun 2012, 01:43 PM
Post #11
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Really weird that there's still no mention on MB of the new charged for newsletter. It's obviously not just a rumour (thought maybe someone here was playing tricks) - it's included in the parent website of macrobusiness:
http://cn256.caimeshost.com.au/macroassociates.com.au/our-network/
UPDATE
Not surprisingly, MB members are now asking why they are having to wait till next week for the announcement since it has already been announced here.
http://www.macrobusiness.com.au/2012/06/gabbo-is-coming/#comment-159905
- Quote:
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Edited by The Man, 29 Jun 2012, 02:18 PM.
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The Man
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29 Jun 2012, 02:35 PM
Post #12
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- The Man
- 29 Jun 2012, 01:43 PM
It gets odder. Stormy waters post asking why MB have to wait till next week, and APF get the news today, has now been deleted. Can any MB members here say what is going on?
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NotFooled
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29 Jun 2012, 02:38 PM
Post #13
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The Bear Whisperer
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- The Man
- 29 Jun 2012, 02:35 PM
It gets odder. Stormy waters post asking why MB have to wait till next week, and APF get the news today, has now been deleted. Can any MB members here say what is going on? Censorship at MB?
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The Man
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29 Jun 2012, 03:06 PM
Post #14
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- NotFooled
- 29 Jun 2012, 02:38 PM
Censorship at MB? Yes, according to Stormy Waters:
http://www.macrobusiness.com.au/2012/06/gabbo-is-coming/#comment-159943
- Quote:
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Stormy Waters June 29, 2012 at 3:02 pm
Hmmmm. I’m a bit perturbed about the way you guys are releasing this info elsewhere and censoring here.
Maybe Stormy Waters is a troll.
Edited by The Man, 29 Jun 2012, 03:07 PM.
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Elastic
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29 Jun 2012, 03:25 PM
Post #15
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- Strindberg
- 29 Jun 2012, 01:20 PM
This must mean that Chris Becker has some more shares he needs to ramp before he dumps them without telling the people who act on his advice. Just like he spruiked JB hifi ("wonderful company" valued at >$20) and then claimed, after they crashed, he dumped them before they crashed.
PS - I don't actually believe Becker's claim that he dumped them before they crashed. He made that up to hide the fact that he lost a packet on their crash. Just another of his tall stories like his claim that he makes an annualized 50%-70% return by trading. You really surprise me sometimes Strindberg.
I assumed you'd be the first one to reply to this thread by heartily congratulating Macrobusiness and wishing them all the best with their new venture.
I never realised you had such negative feelings towards them.
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