Zerohedge Hypocrisy (PODCAST)

Posted on May 1 2016 - 8:53am by Sharpe Trade

A Bloomberg article came out last week, discussing the writers and authors of ‘Zerohedge’.  For some time, it has been known that Daniel Ivandjiiski was one of these individuals.  Daniel Ivandjiiski once worked for a hedge fund before being barred by the Financial Industry Regulatory Authority in 2008 for insider trading.  The article in part read …

Lokey, who said he wrote much of the site’s political content, claimed there was pressure to frame issues in a way he felt was disingenuous. “I tried to inject as much truth as I could into my posts, but there’s no room for it. “Russia=good. Obama=idiot. Bashar al-Assad=benevolent leader. John Kerry= dunce. Vladimir Putin=greatest leader in the history of statecraft,” Lokey wrote, describing his take on the website’s politics.

and

I can’t be a 24-hour cheerleader for Hezbollah, Moscow, Tehran, Beijing, and Trump anymore. It’ s wrong. Period. I know it gets you views now, but it will kill your brand over the long run,” Lokey texted Ivandjiiski. “This isn’t a revolution. It’s a joke.”

Well … to quote a line from Margin Call … “That’s a little more hypocrisy than I’m willing to swallow”.

We have long warned ones against such ‘doom porn’ sites.  And this news from Bloomberg only underscores out stance.  Our question, becomes a simple question …

Do any of the people you listen to or who seem to love to wax philosophic on the markets?  Have any skin in the game or understand how placing money at risk, works in actual practice?

So grab your cup of coffee as we discuss all of this in the following podcast …

If you prefer to listen to this podcast on YouTube, you can do so here. Our podcasts are also on Podbean, and at the same time, we have an itunes feed and you can find our podcasts on itunes if you prefer to subscribe there …

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