From TL.net posted by 2primenumbers in response to post from andrewlt..
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“On October 23 2014 02:53 andrewlt wrote:
It's not really a big deal. These are the stubborn people who should be buying index funds but think they are awesome and can beat the market. It's the same type of people who ignore their doctor's orders and go look for alternative medicines from shady sites.
Well, look man it really is a big deal. You say that everyone needs to invest in an index fund like the greater good of humanity is more important than your own personal savings and wealth and ability to feed yourself in the future.
The index fund price level, just like the S&P and the Dow Jones Industrial can be very high or very low -- and that doesn't mean that Milk won't be $30/gallon 10 years from now, while the Stock Market and your previous index fund have only Doubled in value.
The thing is man that I don't want to de-rail from the topic of this video--- thousands of investors from those with $500 bucks to $millions are being misled by the intelligence gathered on YAHOO message boards.
The boards are carefully moderated to make it look like there is a fair discussion, with people who are both "for buying" and "against buying" but it turns out the moderatorship is sold to big-time investors by Yahoo!'s internet or marketing department. We can tell that YAHOO is selling the moderatorship of their message board as if it were an "online advertising medium" to secret corporate & Hedge Funds who are interested in misleading the average investor. Because of several reasons which I will elaborate in the next paragraph.
In the next moments we will learn the way that moderators are creating the illusion of a fair discussion on the YAHOO! Stock message boards.
The YAHOO! Message boards were widely considered fair and open. This is because it was assumed that "any asshole can post there" and therefore, anyone can have their voice heard. This means that interested parties on both the buy & sell side of a certain stock are, theoretically, being represented. But the truth is that YAHOO reserves the right to sell the moderator ships to interested investors. They did not prevent themselves from selling message board administration rights in their Terms and Services.
IT turns out that in the course of my personal experience posting on the message boards, I recorded a video of a time when my message that had a particularly strong buy-side argument was deleted right infront of my eye (and your eyes, if you watch the video)!
It shocked me. And it led me to unravel the following statement:
YAHOO's message boards, visited by thousands of users who seek counsel in making investment decisions, found to be selling stealth police rights to secret moderators.
Thanks for sitting with me.
Best Regards,
RG
P.S. I want to leave a little disclosure. I have no financial holdings in Yahoo stock, and I do not have any short interest neither. This is my take as a single and ineffably biased observer and internet participant.”
