Latest Winger Stupdity: Stupid Investment of the Week...

[mumon]

I had to put this one on my blog.


Evidently there's a "Free Enterprise Action Fund," that seeks "long-term capital appreciation through investment and advocacy that promote the American system of free enterprise."

It's co-managed by Fox News columnist Steve Milloy...

Chuck Jaffe notes that it can't even beat the meager returns of the S&P 500.

More on my blog...

[boobooday]

1. Give your money to a playboy model!

Playboy models do better than fund managers at picking stocks . . .

http://biz.yahoo.com/tm/060117/13793.html

Academia would call this an example of "low information rationality."

These Playboy models are beating the S&P, some of them by a substantial margin!

[mumon]

2. LOL!

I'm not surprised. Though I did clean up when Bush invaded Iraq in energy stocks...

[boobooday]

5. Even funnier

I also caught the Freepers discussing this one, and the funniest part was that one of them said some really unkind things about Harvard MBAs, and then had to be reminded that this was the very credential their "dear leader" held, and flaunted, as often as possible.

:rofl:

[mumon]

6. Ok, I said

I'd take a crack-head Marion Barry over George W. Bush.

But I'd really rather have the bunnies...

[boobooday]

7. The Bunnies are no dummies!

One of them picked WebMD as one of her investments, because she says she is a "hypochondriac."

That is logical. These ladies have their fingers on the pulse. And apparently are good at spotting things that are about to "rise." (sorry, couldn't resist).

Although if we had money, and hired them, I would want to accompany my hubby to the portfolio meetings.

[jimshoes]

3. Speaking of stupid investments

There's a ton of sites hawking Iraqi Dinars as an investment. I think your monopoly money is worth more.

[mumon]

4. A lot of folks are going to get screwed by real estate...

gold, and the various Bush bubbles...

Interestingly enough though a lot of money's been flowing out of the US; pretty much anywhere but Venezuela would have made you more money than the USA last year.