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Michael Covel and Tim Sykes Talk Media

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Uploaded by on Jul 10, 2009

An excerpt from Michael Covel's film "Broke: The New American Dream". Investment advice from CNBC or the Government equals bankruptcy! Jim Rogers, Timothy Sykes, Michael Mauboussin, Lucy Craft and Richard Baker opine.

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  • CNBC has a large enough audience so that whatever they say becomes self fulfilling. It's the same reason you have to look at charts whether you like technical analysis or not, because a large enough group of traders are.

  • boom shakalaka!

    objectively though, one can learn a bit from CNBC but not necessarily "profit from it"

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