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May 6, 2024

Financials Matter

"It's Not Just About Finance"

Did Motley Fool Sell Out to Buffett?

Recently (Wednesday) we ran across a typical Wall Street headline that leads us to believe that Motley Fool sold out to Warren Buffet.

 

The headline read:

 

This Surefire Index Fund Recommended by Warren Buffett Could Help Make You a Millionaire

 

 

Let’s start by pointing out the major flaws in the “Fools” claim.

 

 

  1. There is no such thing as a “surefire index fund”
  2. Warren Buffett DID NOT make his money from buying index funds

 

 

Those two points alone prove how Motley Fool has transitioned from being a very creative source of investment information and advice to the typical Whores-Of-Babble-On Presstitute status.

Huh?

 

And without going into detail, the opening paragraph of the article illustrates our point:

 

There’s not necessarily a right or wrong way to invest. If you’re willing to put in the time and research involved in investing in individual stocks, you can build a personalized portfolio fit for your needs. But if you want a no-fuss investment that can make you a lot of money with next to no effort, an index fund may be a better fit.

 

 

In Plain English, the Motley Fool message is that you don’t need to think about anything NOR do you need to put any effort into becoming wealthy.

AND there is no right or wrong way to invest?

 

LMAO!

 

 

A Motley Fool Sell Out

 

 

Unfortunately, too many people believe these stupid remarks.

And to think that you don’t need to put any effort into investing – and just rely on a Wall Street managed Index Fund – is exactly what the Boyz want you to do.

 

As a result, most investors continue to lose money.

 

Ironically (or NOT) they can’t figure out why the 1% needs the 99% to be wrong in order for them to make fortunes at your expense.

 

And as far as Buffett is concerned, he’s been sucking on the government teat for decades, usurping YOUR tax dollars to bail himself out.

 

Wait!  What?

 

Most people don’t remember that “Uncle Warren” was the largest shareholder of AIG when they went belly up in 2008.

 

 

 

READ:  More Lies From “Uncle” Warren Buffett  May 4, 2021 (HERE)

 

 

During the 2008 Meltdown Buffett desperately needed to be bailed out because, at the time, he was the largest shareholder of AIG.

And AIG was bankrupt.

So, Goldman Sachs cajoled stole a huge chunk of the $700 Billion TARP fund to bail out AIG.

 

The rest, as they say, is history.

 

Besides not having made his fortune from buying index funds, Buffett’s advises small investors to buy them because he’s one of the largest shareholders of Blackrock (BLK) and Vanguard (VOO).

 

Of course, Blackrock and Vanguard make billions in fees from managing index funds.

 

Are you starting to see the picture?

 

And now Motley Fool has committed a mortal sin to their fan base by selling out to Wall Street Cronies like Buffett.

 

It’s how they get you to Zig while they Zag.

 

So, if you have grown tired of their lies and abuse, and want to see how the Boyz operate “behind the curtain” then join our “…In Plain English” free thinkers club (HERE).

You won’t regret it.

And share this with a friend…especially if they think Warren Buffett is looking out for their best interests.

They’ll thank YOU later.

 

Remember:

 

We’re Not Just About Finance

But we use finance to give you hope.

**************************************

 

 

 

 

 

Invest with confidence.
Sincerely,
James Vincent
The Reverend of Finance
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