Happy Birthday CNBC…Big Woop…and ROn Insana YOU are NOT an Entrepreneur

  • Posted by
  • on April 17th, 2009

I am not watching CNBC but it still permeates my financial life.

It is not easy to do anything for twenty years so congrats .

That said, it is television and it does have a monopoly on business cable and ‘wheel of fortune’ has also lasted twenty years where you spin a wheel and buy dumb shit like sailboats.

Today’s big news is that they welcome back Ron Insana who took a huge risk leaving a cush, ‘talking head’ job for a secure job running billionaire’s money. Wait, he did not run it, he reshuffled the money and handed it to other idiots who run money.

Fees on top of fees on top of fees. Smart.

Big surprise that fund of fund of funds of television hosts, was not a business model. I am being flamed by a few friends for my calling out of Ron Insana because he took a shot. Now he must go support his family. In my eyes. his family should be pissed that he gave up the cush job in the first place.

If you call this a shot, we will argue in perpetuity.

It is yutz’s like Ron Insana who insults the hardworking people in my business. Those that beg for capital with great track records. Those that get lumped into being thieves becaus ethey share the same business category with Bernie Madoff.

If Ron has balls, he would be slugging it out earning a reputation in THIS market.

CNBC…exactly. Welcome home.

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