Post by
prested on Apr 01, 2016 1:13pm
Another no-nothing on BNN
These portfolio managerment guys are so blinkered. They drone on about the debt as if the company had acquired debt and spent the money of booze and broads. They bought ASSETS! the assets will produce EARNINGS, this is what will be used to pay the debt. That's what businesses do. That's why banks and brokerage houses exist. You get a better job, you buy a bigger house, you have a bigger mortgage. It doesn't matter because now you have more money to pay the mortgage. How hard is that to figure. I am quite happy to wait for equillibrium to be restored and will buy a few more on the way up. GLTAL
Comment by
fdfd12 on Apr 01, 2016 1:22pm
Prested, we should not insult experienced guys on BNN if WE DON'T AGREE with their calls. He is on TV and putting his reputation on the line by giving his opions.
Comment by
Kisu on Apr 01, 2016 1:38pm
Why is there any discussion about Mr Meyer or BNN. As pointless as arguing over whether Coke is better than Pepsi.
Comment by
fdfd12 on Apr 01, 2016 1:44pm
One question, who the hell is Herb? LOL