Comments on: Wall Street’s new lie to Main Street – Asset Allocation

By: markgrove

markgrove — Mon, 28 Feb 2011 05:27:14 +0000

Hey Mark great post! Myself,I won’t go anywhere near the stock market or even Treasuries or Bonds because our government’s can’t be trusted. I’m strictly in cash. No IRA’s or any BS like that.

You should make money in a job or a business of your own.

By: 1jstr

1jstr — Sun, 27 Feb 2011 17:18:15 +0000

We need to reinvent the capital structure mechanisms in this world. We should create viable local stock exchanges or funding mechanisms which issue shares for local businesses in close proximity to where we live. Too much of our money is going out to investments in multinationals in places we don’t even know about or understand. A much larger percentage of our dollars “stay” in the local economy when it is invested there AND with the inexorable rise in energy prices over the next few years, alot of money will be forced into investments on our shores anyway. Enough of the large corporate stranglehold on our wealth …

By: Grand Supercycle

Grand Supercycle — Sun, 27 Feb 2011 09:49:51 +0000

Key global equity indexes have been overextended for too long, similar to 2007/2008.

Despite any market intervention, natural market forces can not be stopped – only delayed.

When the market reasserts control soon, the overdue correction may be extreme due to that delay.

Be careful out there.

By: Arguing with Mark Cuban on Asset Allocation « Portfolio Investing Blog: Portfolioist

Mon, 21 Feb 2011 14:11:13 +0000

[...] reading Mark Cuban’s January post on his well-read “blog maverick” painting asset allocation as Wall Street hucksterism, I [...]

By: mrduke2

mrduke2 — Thu, 17 Feb 2011 19:31:06 +0000

Bad news today: Coca Cola raised its dividend –again. …
I got a 7% raise. Yeah, buy and hold is a bitch. That nasty stock market is horrible. … LOL. ..

By: enzoferarri

enzoferarri — Wed, 16 Feb 2011 19:48:10 +0000

OK, all you Cuban sycophants can pile on, give me the thumbs down, etc. Have at it. Here is my beef, Cubes. Pun intended. You sucked your fortune out of the domestic equity market, period. So to blast and dog the domestic equity market, and financial professionals in general, strikes me as hypocritical. I take it you weren’t out hammering funds, asset allocation strategies or buy and holders when they were sucking up your stock and stuffing your pockets full? No, I suspect not. So your ‘bury it in the back yard’, or ‘put in in the bank’ (albeit at 1/2% – talk about a sucker play…a guaranteed loser to inflation? Brilliant.) It just smacks of the old ‘I got mine, now I routinely take pot shots at those who got me there’, i.e., the capital markets and thousands of professionals who schlepped your stock. I’ve read your blog for several years and always appreciate you keeping it real, but don’t pee on my shoes and tell me it’s raining. Your diatribe on asset allocation if full of half truths. You’re usually better than that. And yes, in the interest of full and fair disclosure, I’m in the business. I fully support the system that made you rich. But lets tone down the rhetoric and remember you’re one in a ba-zillion. Some of the less gifted, acumen wise, listen to you and may well follow in your footsteps but can’t do the same DD. Private placements, for example. I don’t have data but I bet you a chunk 80% or more of them hit the wall. Just me more careful with your assumptions about your readership. They may be jumping off a cliff they can’t see the bottom of.

By: Stock Market « Noiro Xensha

Stock Market « Noiro Xensha — Wed, 16 Feb 2011 14:28:03 +0000

[...] and in an astonishing turn of events I started to look into investing in individual stocks. Despite Mark’s advice, or because of it, I think the strategy isn’t to get out, but put more [...]

By: Wall Street rally based on fantasy valuations and investment banking trading | The Crotch Shot Radio Show

Sat, 12 Feb 2011 20:39:00 +0000

[...] is interesting that even wealthy individuals like Mark Cuban are questioning the stock market: “(Blog Maverick) The greatest lie ever told used to be Wall Street telling main street to “buy and hold”. Of [...]

By: Wall Street rally based on fantasy valuations and investment banking trading – S&P 500 back to 2007 valuations and up nearly 100 percent from March 2009 trough.

Sat, 12 Feb 2011 17:09:30 +0000

By: nedle

nedle — Fri, 11 Feb 2011 02:40:43 +0000

Dear rdweaver20 and pfcheungs,
I hope you both accept my apology regarding my comments on this blog. I too,get very defensive when insulted,and would like to set a few things strait.
I dont know mc nor he I from a hole in the wall.I went to hear him and others discuss the future of media at a public event on Feb 3rd.At that time,my comment was STILL not posted on this site.If you scroll up,you will see that I requested he not post it the very next day.It was immediately “spammed” out seconds after I submitted it due to key word rejection anyway-and was not posted till some time recently.I thought it was never going to be posted due to my request.As you may know,if something is blocked and then posted days later,they will still list it chronologically,which is why I assume you didn’t address me on the 31st.Although I tried not to comment today, I did,and hope mc will delete all 3 of my comments.I’m curious if pfc was in fact “insulted”,and hope you will both accept my apologies on this blog publicly.This was the 1st(and last)time I ever read or commented on a blog,and only did so to get some insight on mc before I went to see him speak.WP will not let you delete your own comments,only the owner of the blog site can.Please respond.