This little episode is just one of many that point to massive fraud committed by the media in promoting clowns as experts.
Below is an interview from a couple years ago by Josh "the clown" Brown for the fake news website Benzinga (there are two videos below which may begin to play autmatically, so you might want to pause them).
I've mentioned Brown a few times in the past, but not nearly as much as I'd like due to time constraints (there's just too many idiots and snake oil salesmen out there for one man to expose).
In addition to steering sheep into a huge array of stocks that have since collapsed, Brown has also been trying to convince people that he can show you how to use the financial media for your own benefit (laughs).
He even wrote a book addressing this very topic. Imagine that, a guy hailed by CNBC as an investment "expert" (despite his questionable past and absence of solid credentials) who writes a book which doesn't explain real investment skills (perhaps because he is lacking in that department) but a book that pitches the idea that you should tune into the media.
In this first video, Brown continues to steer the sheep who watch CNBC to even larger losses as he reiterates his recommendation to buy Diamond Offshore Drilling (DO), after previously recommending the stock several months prior when it was much higher. Even the other Jewish idiots can't help but to laugh at his epic failure.
In the video below, note how Brown tries to convince people that the financial media is valuable as he pitches his complete shit stain of a book, claiming that "unless you live on a deserted island for the next twenty years or you plan to be in a coma," you should pay attention to the media.
Note that the following horrendous calls by Brown are ONLY a random sample. We do not follow Brown nor do we watch CNBC so we believe he has a much larger number of terrible calls.
This is the exact OPPOSITE of what I have been saying for many years. In my professional opinion, as a tenured financial professional having worked with individual investors, private equity and hedge funds, as well as venture capital firms, the financial media is the single biggest enemy of investors.
In fact, avoiding the media is the single best thing every investor can do to invest successfully.
So who are you going to believe?...
A ranting Jewish loser who worked for a third tier brokerage firm (which was shut down due to fraud), graduated from a third tier college, is not an analyst, has no track record (other than telling people to buy stocks before they collapse) and works with the criminal media establishment?
Or me, a guy who...worked for two top tier Wall Street wire houses, worked in merchant banking, private equity and venture capital, graduated from a world-class university and holds the leading investment forecasting track record in the world since 2006 yet has been banned by the media?
Given that Brown is a marketing guy who essentially makes a living from his media exposure, the premise in his book appears to be focused more on self-preservation than anything else.
In fact, considering the "quality" of Brown's academic pedigree, I'm willing to bet he didn't write this or any of his other books.
Like virtually all of the motor mouths who spend the majority of their time in the media, Brown is likely to have used one or more ghost writers. And if you cannot trust a person to disclose that they used a ghost writer and/or other assistance, how can you possibly trust anything they say?
As a media shill leveraging everything he learned working as a stock broker for a boiler room, Brown's useless book claims the financial media is bad. But according to Brown, the media can be good if you know how to use it. As you have probably already concluded, this is complete bull shit from a guy who works with the media!
In the interview, Brown ups his level of bull shit further claiming that by listening to "leading pundits" like "Jim Cramer, Jim Rogers, Herb Greenberg and (his boss) Barry Ritholtz," you can gain valuable insights and learn how to utilize the media!
That's it. This is how to utilize the media? By listening to these clowns???
What a FUCKING JOKE!
These are the same idiots who have steered the sheep audience who watch CNBC down the gutter for years!!
As for Benzinga, it's your typical Jewish-run ad-based fake news website which STEALS copyright protected content while paying digital nomads and other unqualified idiots chump change to paraphrase copyright protected news stories.
I know for a fact Benzinga steals copyright-protected content because they stole mine on numerous occasions.
Once you listen to the moron interviewing Josh "the clown" Brown, you'll be able to appreciate that only a professional marketer and/or con artist would agree to be interviewed by any of the tools from this boiler room website.
Despite any title you might claim such as CEO, analyst, economist or financial adviser, the fact is that you are what you do. Hence, guys who claim to be analysts or economists but who focus on marketing are really professional marketers. And professional marketers have no shame, especially when it comes to getting as much exposure as possible. Exposure is what they seek because they sell snake oil. And the easiest way to sell the most snake oil is to reach the largest audience.
In contrast, credible experts have standards for agreeing to interviews because they are not concerned with exposure so much as their reputation which can be called into question if they associate with con artists or boiler rooms. This is specifically why I left Press TV and Veterans Today.
As you might recall, Josh Brown used to work for a boiler room called Westrock, which was shut down by state securities regulators due to many years of massive fraud. So, he's probably not so concerned about his reputation anyway.
Perhaps you remember how I previous pointed how Brown also uses his media exposure to promote one of his Jewish buddies from Westrock, JC Parets. Parets is another knuckle head promoted by the media as some expert. The guy is a clown.
It's absolutely disgusting how the Jewish-run media is in the business of promoting idiots and con artists as experts, nearly all of which are Jewish.
But remember, the media's primary objective isn't merely to enrich members of its parasitic tribe. That's the secondary objective.
Do you remember how Brown's almost instant emergence as an expert on CNBC played out?
I certainly do because I was baffled how some clown and failed stock broker with no credentials who didn't predict jack shit could be positioned as an analyst on CNBC during the post-crisis period when investors were desperately seeking solutions and insights. Meanwhile during that same period I remained banned; the man with the leading investment forecasting track record in the world.
After losing his job sometime around the height of the financial crisis, my guess is that Brown found himself on the street.
Why do I suspect this?
Anyone who knows anything about the financial industry will confirm that if you worked for a firm that was shut down for fraud, your chances at working for another firm would be close to zero. So my guess is that with nothing else on his plate, Brown then claimed to be a "reformed broker" and set up a blog pretending to side with main street.
Did anyone in the media bother to mention that by claiming you are "reformed" it implies that you were a piece of shit working against the best interests of your clients? Of course not! The media is a criminal organization.
Does anyone actually believe Josh Brown has reformed and is now on YOUR side? It's easy to claim you have "reformed" once your brokerage firm is shut down and your employment options look bleak.
My guess was that Brown's objective was to create this perception that he was on the side of Mai Street in order to pitch a useless book, which he did. And the sheep ate it up. Meanwhile, my books remain virtually unknown. Think about that.
Despite containing hot air and stupid ramblings, Brown's useless blog received mass media exposure at the height of the financial crisis and thereafter. Meanwhile, I continued to be banned by the media although I had predicted the precise details of the financial crisis in two books.
As I would soon realize, Brown was just another Jewish tool promoted as an expert in order to distract Main Street as to the extent of the fraud committed by the Jewish Mafia.
Remember, I was the guy who exposed the fact that Bank of America was forced to buy Merrill Lynch immediately upon the "buyout" announcement. It would take around two years after that before Ken Lewis confessed the conclusions I previously made when under oath before congress.
And let's not forget that I was the guy who uncovered the fraud pertaining to the illegal seizure of Washington Mutual. Yet, the media refused to respond to the thousands of emails and phone calls made on my behalf to every TV station, network, newspaper and reporter.
The media crooks didn't even disclose Brown's questionable past. The guy's a stooge at best, similar to his partner, fellow Jewish blabbermouth clown Barry Ritholtz.
Speaking of his equally overweight Jewish counterpart, it would appear that Ritholtz soon realized Brown had been inducted into the "Jewish only" media membership. Once Brown began making his rounds on CNBC, it wasn't long before Ritholtz began to promote Brown on his own useless blog.
I'm sure Ritholtz realized he could utilize Brown's marketing exposure on CNBC if he could form a business arrangement with him. My guess is that Ritholtz reached out to Brown to discuss a partnership for which the two of them could leverage their "Jewish entitlement" of unlimited media exposure in order to grow assets under management. Today, Brown serves as the CEO while Ritholtz is the chief investment officer of the RIA firm bearing his name.
Ritholtz used to be a daily ranting loud mouth on CNBC for many years, but apparently had a falling out with Cramer or some other parasitic scum bag. As a result, Ritholtz was able to use his "Jew card" to land a daily spot on Bloomberg, despite having no experience as an asset manager and not being much of anything other than a loud, annoying, overweight know-it-all with a disturbingly hideous face.
You see, here's how one rendition of the kosher media scam works. Many of the clowns who appear on TV as talking heads (i.e. pundits) pretend to manage money. Sure, they might have a fund, as far as a legal designation, but I could argue that most of them don't really have a "real" fund for a variety of reasons (which I don't have the time to get into).
What's the fund's size? How many investors are in the fund?
Typically, the clowns in the media either have very small funds or the fund has only grown after years of media exposure. The media crooks won't tell you the size of the fund until the sheep have sent in enough money to make it sizable. This tactic alone is deceptive.
Remember that anyone can open a fund and claim to be managing it. But when most of the money is from friends and family, that very important detail is never disclosed by the so-called fund manager or the media filth who promote the slime ball.
The trick for these media pundits is to keep this image up that they are "in the known" and that they are "big shots" so that the sheep audience send them money. Eventually, they will be running a fund.
Throughout the entire process, the media never points to the terrible track record of these clowns because the media wants its audience to think their "experts" provide value.
It's what I like to call the "Tony Robbins scam business model" of claiming to be successful so you can get suckers to buy your shit. Eventually you can claim success.
When it comes to running this type of deception, Doug Kass comes to mind. I've previously written about Kass pointing to this very tactic. Before Kass there was David Tice, whom I have also previously exposed.
Other times they have guys who have built funds due to many years of (undeserved) media exposure. In reality, they don't manage the fund. They have others do it for them. In this instance, Peter Schiff comes to mind.
How do I know this? Because it is absolutely humanly impossible to make daily TV appearances and manage a fund with fiduciary standards, which is what Ritholtz and Brown claim to do.
Take a look at his CV. He's a MEDIA MOTOR MOUTH with NO EXPERIENCE in asset management prior to opening his shit firm. Even today, RItholtz recognizes himself as a media and promotions guy, as he's always marketing his media appearrances and soliciting paid speaking gigs.
But he does manage to make bogus claims like having foreseen the derivatives collapse, etc.
Oh really? Hey Barry. Why didn't you write a book BEFORE the financial crisis to explain what was going to happen if you knew it in advance? Why did you WAIT until AFTER the bailout to write a book which served as a whining rant (his attempt to become a populist) instead?
Ritholtz is just another Jewish clown posing as an expert.
Having a spot on a daily TV show for a boiler room financial network isn't all these two Jewish knuckleheads have to promote their shit firm. Today, Ritholtz and Brown benefit from multiple sources of constant exposure from their Jewish buddies in the media. The fact is that Ritholtz and Brown are amateur journalists and bloggers.
The reality is that the guys who appear in the media regularly steer the sheep audience into their funds using their daily media "celebrity" nonsense, while giving the impression that they are the ones managing the funds.
And believe it or not, many suckers fall for this scam. And it is a scam because of the lack of disclosure when they appear on TV.
Never mind these clowns never mention that they aren't really managing the funds. And the sheep who have fallen for their shtick are too ignorant to realize that it's impossible for anyone who makes daily TV appearances to manage money. Perhaps it's good that they aren't really managing the funds because these guys are a complete joke.
You have also have another rendition of this scam whereby the pundits are promoted as "experts" and "legendary" while the facts point to much different picture. Guys like Jim Rogers and Marc Faber don't seek your money to manage. Rather, they want you to buy their books and newsletters. They also seek board positions and speaking gigs as a result of their "media celebrity."
Regardless which rendition of the kosher media scam rendition we are talking about, hopefully you can appreciate that it's highly deceptive at best. I argue it's illegal marketing.
Getting someone to sign legal disclaimers AFTER they have psychologically decided to park their money with a fund or firm that has been misportrayed favorably by the media isn't being honest. It's an attempt to cover them from legal actions.
As a member of the tribe, Ritholtz receives unlimited media exposure on Bloomberg, ensuring that the dip shit duo is able to recruit flocks of sheep to send them money to "manage," even though it's impossible to manage money if you're on TV every day.
But because Ritholtz and Brown are NOT financial advisors, they aren't registered with the SEC or even FINRA. Therefore, they are able to get away with many things that SEC and FINRA-registered advisers would face sanctions for (such as claiming to manage money but spending much of their day on TV).
You see, Ritholtz and Brown are what is known as RIAs which stands for Registered Investment Advisers. It's a state registration that's incredibly easy to obtain. In fact, everyone reading this who lives in the U.S. could easily become an RIA unless you are a felon.
You will recall that I have previously demonstrated how Peter Schiff, Marc Faber, Jim Rogers and Harry Dent have no standards when it comes to agreeing to interviews. The reason is simple. They are professional marketers in the business of soliciting book sales, paid speaking gigs and board positions (which seem to come only from shady companies).
The main goal of the media is to create the perception of valuable content in order to boost the viewership, which leads to larger advertisement revenues.
Media firms which are able to deceive the investment audience the most while creating the perception of value will command the largest advertisement placements because the sheep will eventually run in desperation to these advertisers (most of which are financial firms) once they have lost their ass after having listened to the experts in the media.
And the Jewish crime bosses running the media figure, "why not designate these token 'expert' (i.e. charlatan) slots to our tribesmen since it's us (Jews) against them (goys)." As startling as this may sound, it's a fact. And I'm willing to stake my reputation on it. In fact, ability to assist Main Street has been completely eliminated as a result of the dynamics of the kosher media scam.
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