This article compares Obama’s stock market advice to the advice given by Buffett, as well as a couple of financial professionals.
President Barack Obama is proving to be a better judge of the stock market than Warren Buffett, the world’s second-richest person.
This is actually being taken seriously. Of course, no mention that Obama said “it’s a great time to buy stocks” right as he rolled out a trillion dollar spending package, and no mention that his regime has the power and tools to manipulate the market and direct the plunge protection process.
No mention, either, that even monkeys can throw darts at a board and “make great calls,” especially Mr. Monk, the Sun-Times’ stock-picking monkey:
In the four years since Mr. Monk has chaired and inspired this contest, his stocks have posted annual returns of 37 percent, 36 percent, 3 percent and, in 2006, 36 percent, beating the major indexes every time. It’s proof that you don’t have to be an insider CEO, an insider hedge-fund manager or a loudmouth on CNBC to make money in the market.
