• 5 minutes Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 9 minutes Sell out now or hold on?
  • 16 minutes Oil prices going down
  • 4 hours Oil prices going down
  • 10 hours When will oil demand start declining due to EVs?
  • 10 mins Could oil demand collapse rapidly? Yup, sure could.
  • 3 hours Sabotage at Tesla
  • 9 hours Trump Hits China With Tariffs On $50 Billion Of Goods
  • 11 hours Oil and Trade War
  • 13 hours Russia and Saudi Arabia to have a chat on oil during FIFA World Cup - report
  • 11 hours venezuala oil crisis
  • 14 hours Malaysia's Petronas vs. Sarawak Court Case - Will It End Up In London Courts?
  • 13 hours Sell out now or hold on?
  • 10 hours Germany Orders Daimler to Recall 774,000 Diesel Cars in Europe
  • 8 hours What If Canada Had Wind and Not Oilsands?
  • 15 hours Correlation Between Oil Sweet Spots and Real Estate Hot Spots
  • 7 hours The Wonderful U.S. Oil Trade Deficit with Canada
  • 21 hours Trump Renews Attack On OPEC Ahead Of Group's Production Meeting
  • 9 hours After Three Decade Macedonia End Dispute With Greece, new name: the Republic of Northern Macedonia
Alt Text

Goldman’s Commodity Unit Sees Worst Q1 In A Decade

Investment bank Goldman Sachs saw…

Alt Text

Why Wall Street Is Bullish On Refiners

Wells Fargo has noted that…

Alt Text

Clean Energy Stocks Outperform Oil And Gas

Green energy stocks saw tremendous…

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


x


Back to homepage

Trending Discussions


Leave a comment

Leave a comment




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