posted by: Dr. Michael Stone
for: finance
2011 · 10 · 05
Stewart Washington of the SMH for President because…
Stewart Washington and the Fairfax Press must once again be congratulated for reporting on the Bucket Shops:
Warren Buffett once said:
“The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves and the better the teacher, the better the student body.”
Stoner has long had a beef with bookie and croupier types offering financial betting tickets:-
We emphasise that we are highly encouraged that the mainstream press is alerted to these Lucky Lucan (bookie) types and we have done our best to impress upon the media that Bucket Shops motivate people of all standings in a destructive way and are detrimental to shareholders as CFDs artificially increase the availability of shares.
Should anyone have any doubts about this CLICK on the picture below and watch this youtube clip:
It should also come as no surprise to us that if we continue incentivizing destruction, destruction is what we will get!
Declaration of interest: NULL