• 4 minutes Get First Access To The Oilprice App!
  • 7 minutes Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 11 minutes Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions
  • 13 minutes Oil prices forecast
  • 1 hour Renewables in US Set for Fast Growth
  • 17 mins Chinese FDI in U.S. Drops 90%: America's Clueless Tech Entrepreneurs
  • 8 hours Oceans "Under Fire" Of Plastic Trash
  • 14 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 13 hours Is Natural Gas Renewable? I say yes it is.
  • 13 hours Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 14 hours Making Fun of EV Owners: ICE-ing Trend?
  • 40 mins Socialists want to exorcise the O&G demon by 2030
  • 5 hours Cheermongering about O&G in 2019
  • 4 hours North Sea Rocks Could Store Months Of Renewable Energy
  • 23 hours Algorithms Taking Over Oil Fields
  • 1 day Europe Slipping into Recession?
  • 1 day Nuclear Power Can Be Green – But At A Price
Alt Text

The Best Places In The World To Mine Bitcoin

As Chinese bitcoin miners face…

Alt Text

Green Bonds Are A Huge Boost For Renewables

The growing popularity of ‘green…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Trending Discussions

Only Buy Companies You Hate

The Wall Street Journal published one of the funniest investment strategy pieces I have ever read. Dilbert cartoonist Scott Adams argues that you should invest in companies you hate because only the most unprincipled and rapacious firms make the greatest profits.

Moral bankruptcy is a great leading indicator of success, and the best ones can get you to balance your wallet on the end of your nose and bark like a seal, as you buy products that you utterly despise.

Companies with the work ethic of a serial killer, like British Petroleum (BP) come to mind, but you can also add other firms to the list, like Goldman Sachs (GS), Citicorp (C), Pfizer (PFE), and Altria (MO).

Adams initially started investing in companies he loved, like Enron, WorldCom, and Webvan, and absolutely lost his shirt. Adams' advice to BP is not to waste money on artificial sincere ad campaigns apologizing, but get us to hate them more.

Bring on more dead bird pictures! Who is Adams about to hate next? Apple (AAPL), because he irrationally craves their products, resents their emotional control over his entire family, can't get ITunes to work, and is appalled by those aloof black turtlenecks that Steve Jobs wears.

Article courtesy of: The Mad Hedge Fund Trader




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News