Chris Becker says Macrobusiness has devolved into a pit of trolls and vested interests; Claims he lost $100,000 in time and money moderating their astrotufing on the Macrobusiness blog
Tweet Topic Started: 2 Dec 2013, 10:23 AM (10,572 Views)
Margaret, Veritas might offer a compromise. He will admit that MacroBusiness is a troll pit if you'll admit to posting on Property Observer under the name "MacroBusiness".
I will.
Then Shadow might tell us what he sees fit to troll the propertyobserver website under the handle "macrobusiness"
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
The bearish stance on iron ore was something of an editorial position taken at MacroBusiness and Becker toed the party line. It cost his portfolio dearly. David has a very good record with predicting interest rates but his iron ore predictions have been found wanting time and again. There is a danger when predictions are driven by emotions. I think they will both learn from the experience.
it has always been my criticism of macrobusiness that they don't get experts in their fields opinions on such things.
you don't need to be a industry expert to trade shares in a given sector, but it sure fucking helps.
I am the love child of Tony Abbott and Pauline Hanson
I have no knowledge of the internal machinations of Macrobusiness, but I do know that Chris Becker is a decent guy.
Chris Becker is a dirty conman who immediately prior to the launch of MacroInvestor repeatedly falsely claimed to personally make a 50% to 70% annualized return (far in excess of Buffett's or anyone else's performance) on his trading with the obvious purpose of getting gullible idiots to part with $500 for a scam whereby he sold his trading tips. That accusation clearly prompted him to seek legal advice about action against me which no doubt came back as "we find all that has been written to be true and you have no case".
Nice to have the last laugh with these conmen like Chris Becker and the biggest loser of all - Bullion Baron (who illegally attempted to induce Telstra employees to illegally reveal my identity from IP records).
Chris Becker is a dirty conman who immediately prior to the launch of MacroInvestor repeatedly falsely claimed to personally make a 50% to 70% annualized return (far in excess of Buffett's or anyone else's performance) on his trading with the obvious purpose of getting gullible idiots to part with $500 for a scam whereby he sold his trading tips. That accusation clearly prompted him to seek legal advice about action against me which no doubt came back as "we find all that has been written to be true and you have no case".
Nice to have the last laugh with these conmen like Chris Becker and the biggest loser of all - Bullion Baron (who illegally attempted to induce Telstra employees to illegally reveal my identity from IP records).
i think it would wipe the slate clean if these guys would just admit they got it wrong.
I am the love child of Tony Abbott and Pauline Hanson
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