Comments on: What would Wilmott buy?

By: nick gogerty

nick gogerty — Tue, 08 Sep 2009 02:11:10 +0000

ok, who wants to buy a binary put on CNBC surviving more than 24 months? Foxbusiness has already jumped the shark with Don Imus comign on board and CNBC is getting ever more desperate for someone to care about them. With only a few hundred thousand viewers and many of those just TV in brokers empty waiting rooms, you’ve got to ask how much longer. Using Gott’s Theorom I would guess 60% change gone within 24 months…any takers?

By: Marian

Marian — Mon, 07 Sep 2009 18:53:08 +0000

this guy, who is in an apparent conflict of interest on all stuff he does not educate people about as his primary business, should finally be cut from giving all the ‘opinions’ in media in the first place.It is like letting a car company CEO talk about auto market

By: pete

pete — Mon, 07 Sep 2009 17:03:36 +0000

Wilmott did a good job of offering an informed opinion when Kudlow wanted simply a tip. Jonners thinks that high-frequency trading is an execution tool? Thats an inability to see the wood for the trees. HFT is HFT. The current fashion for HFT has nothing to do with execution and everything to do with fashion.

By: jimbob

jimbob — Fri, 04 Sep 2009 14:43:13 +0000

it is always funny to me when the blogosphere mocks how cnbc anchors ask people what they would buy.wilmot was pretty clear here (after prodding) about buying straddles or strangles.a similar interview earlier in the year was done on cnbc with taleb. krugman put up the video and mocked it. taleb eventually said he was short. the market plummeted.you could have made good money listening to taleb and i suspect you can make good money over the next year with straddles/strangles in options

By: jonners

jonners — Fri, 04 Sep 2009 11:35:29 +0000

Sorry, I’m lost as to the purpose of this clip? Is one of these people supposed to have a credible perspective here?And WTF has high frequency trading got to do with asset/capital allocation? It’s a freaking execution tool.

By: KJR

KJR — Fri, 04 Sep 2009 08:52:29 +0000

I thought Wilmott hung in there well … not going well Kudlow wante him to. And why would Kudlow reveal profitable ideas on a widely viewed show like this? At least Kudlow wasn’t screaming over the others like he usually does.

By: Bob_in_MA

Bob_in_MA — Fri, 04 Sep 2009 03:11:12 +0000

Who is it that watches these morons day-in and day-out? These people make sportscasters look like geniuses.Is there anyone on CNBC who has the IQ of a turtle?

By: schooner

schooner — Fri, 04 Sep 2009 02:32:47 +0000

Given Bartiromo’s stellar “debate” with Weiner on medicare, I don’t think we should expect too much from CNBC.

By: Law Guy

Law Guy — Fri, 04 Sep 2009 01:54:04 +0000

It’s hard for me to understand why we listen to people like Larry and Trish at all. The irony is completely lost on them, and — dare I say it — on their viewers. Wilmott is talking about how markets move as herds, without attention to the underlying value of the assets traded, and the only rejoinder Larry and Trish can provide is “Yeah, but how do we make money off of it? What can we–and the millions of folks watching–do to move in a herd so that we can make a quick buck?” CNBC –> financial meltdowns.

By: Dogma

Dogma — Fri, 04 Sep 2009 01:21:32 +0000

Felix, what would be the best way to allocate long term capital efficiently? Buy and hold seems more like a prayer than an efficient way of allocating capital.

By: vachon

vachon — Thu, 03 Sep 2009 22:43:05 +0000

Beautifully rendered. Trish gives mannequins a bad name.

By: OneEyedMan

OneEyedMan — Thu, 03 Sep 2009 20:44:16 +0000

Testable predictions would have been nice. Given what he said it would be difficult to disprove his claim.