I do recall mentioning something about consumerism and its coming changes.  Vendors, you better pay attention because if you deliver like Crammer and CNBC you are going to get  the Jon Stewart consumers to blow you out of business.  Bloomberg TV is infinitely better than the GE hedge fund money grubbers on CNBC. 

Mr. Stewart, the reality is investing really is not that interesting, lots of hard  work, and it takes much longer than an hour in order to show results.  CNBC, the street and private investors have turned investing into gambling.  The regulators were at best blind accompliaces, at worst criminal co-conpirators in blowing up our financial system. 

Imagine, going to the bank with a formula that will always generates winners in Blackjack, but you won't let the banker see the formula because it is propriatory. You then ask the banker if you could borrow 30-100 dollars for every dollar you are worth in order to go to Las Vegas and apply the formula.  Now comes the funny part, imagine the banker not saying NO, but asking if he could get in on it and has some friends that would like to get in on it too! 

Mr. Stewart, without people like Crammer who frankly was just a front for his and his friends positions, there would not be enough volume and interest for them to play their games.  When you are looking at a blackjack table to play and you intend to cheat, do you pick one with just one or two players or one with just one empty seat?  Look at PIMCO constantly on the business channels pushing their positions and federal policies  that bail them out of their loser positions.

If you want to be a winner when it comes to investing follow a couple rules.

1. Know what you are investing in.  (Never buy an annuity)
2. There is no free lunch or get rich quick alternative.
3. Time is your friend, ususally.
4. Asset Allocation determines 90 percent of what prudent portfolios earn.
5. Follow President Reagans sage advice:  Trust but verify.