>>>Yeah, that stuff (mutual fund repetition)can be annoying.<<<
That is the understatement of the year. You don't have to listen to BB long to understand that he is pretty high on the Total Market Index funds and against buying loaded funds. Yet it never fails--at least three morons-per-hour call and "lob a softball" like, "Uh, yeah uh Bob? I've got this fund that's up 6% this year, uh whaddya think?" or "Yeah, uh I bought this fund from a broker last week, uh whaddya think?" I mean, you can just picture BB when he hears these questions, he must look as eager as Mark McGwire seeing a big fat pitch that he knows he can slug out of the park. You can just hear his thoughts as he rustles through the Morningstar to compare the funds, "Well John, my total stock index is up 108% the last three years, during that same time period your fund is up 62%--can you guess what I think of your fund?"
These types of callers must be (choose one):
a.) so eager to be heard on a national radio audience that they are willing to be exposed as total idiots;
b.) not listening to the show for more than 5 minutes at a time, otherwise they'd already know the answer to their own question;
c.) too lazy to go to their library to look at a Morningstar;
d.) actually stupid enough to think that they are gonna "stump the host" and show him a fund that he is more impressed with than the funds he recommends; or
e.) have the comprehension of a 1st grader.
I know Bob is too classy to do this, but for once, I'd just love to see him slam one of these idiots who calls in with the worn-out "I've got this fund Bob, whaddya think?"
I too would like to see more individual stock questions, but this would be a tough thing to do--people would be calling in with questions on all kinds of goofy penny stocks that BB had never heard of and the show would get nowhere. Even so, it would still be more entertaining than hearing the idiots with the redundant fund questions.
Gary |