Monday, January 30, 2017

Investor's Corner with Michael Distasio - Guru Trading & Investing: Jan 25, 2017

A "Guru" is a large fund manager that's been made famous for their long time out-performance of the market, and well timed trades that have led them to mega riches. Common names seen in the media most often are Warren Buffet, Carl Icahn, George Soros, Leon Cooperman, Bill Ackman and the list goes on.

In my most recent Squawk Radio Investors Corner segment I highlight some information sources you can use, guru's use of the media, and whether or not following these people is a good idea. In just one example you easily see how they don't have your best interests in mind all the time. Specifically George Soros whom in my opinion has been fleecing the American public to amass large profits for himself throughout the decades. He really should be investigated. You'll see why in the video. As I've called out Jeff Gundlach & Dennis Gartman before - George Soros now joins the list of CHUMPS!

This writing is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction, or as an offer to provide advisory or other services by MAD Consulting LLC in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. MAD Consulting LLC expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing.

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