lenny-dykstra2.jpgThis time with Lenny Dykstra and Ron Insana as our hosts.
LongShortTrader has a piece on the investment masterminds taking credit in their “The Street” newsletters for calls made before they had “The Street” newsletters. Says LongShortTrader:

It’s not the most accurate title in the world, but Lenny Dykstra’s former and Ron Insana’s current newsletters for TheStreet.com (TSCM) have something in common — taking credit for investment recommendations made before the newsletters even launched.

Our attempts to summon outrage have, thusfar, met with abject failure. What’s the problem here, really?
Many years ago, before starting my investment newsletter, I told my friend’s younger sister that her lemonade stand was “a really crappy idea.” That venture’s total collapse not days later would have given the short-seller absolute returns of ~90%+ (assuming reasonable securities borrowing costs). I won’t bother to compute the annual return. How is that not relevant to the awesomeness of my investment newsletter?
Lenny Dykstra & Ron Insana: Two Peas in a Pod? [LongShortTrader.com]

Comments (20)

  1. Posted by guest | August 5, 2009 at 12:15 PM

    Does that picture make anyone else horny?

  2. Posted by Tax Chick | August 5, 2009 at 12:20 PM

    I wish ’cause then I would feel something about this post.

  3. Posted by guest | August 5, 2009 at 12:28 PM

    Testicle

  4. Posted by guest | August 5, 2009 at 12:30 PM

    Why do I have a screaming erection today? Walking around the office is becoming increasingly awkward.

  5. Posted by guest | August 5, 2009 at 12:33 PM

    Blanus and EP sittin’ in a tree, S-U-C-K-I-N-G.

  6. Posted by guest | August 5, 2009 at 12:33 PM

    4 – yours screams? Mine sighs occasionally, but generally doesn’t get that upset.

  7. Posted by guest | August 5, 2009 at 12:34 PM

    His testicles are tough as NAILS.
    BLANUS!

  8. Posted by guest | August 5, 2009 at 12:35 PM

    My will to live is getting sucked out of me …

  9. Posted by guest | August 5, 2009 at 12:36 PM

    Bollocks

  10. Posted by guest | August 5, 2009 at 12:44 PM

    Hey – if anyone needs me, I’ll be over on Yahoo! finance for a while.
    Bankers suck and should all make $40k a year, tops. Give back your bonuses, you fucks.

  11. Posted by guest | August 5, 2009 at 12:51 PM
  12. Posted by guest | August 5, 2009 at 1:00 PM

    have fun at yahoo. just spent 1/2 clicking through fashonista, gc and atl. there is seriously nothing worth reading here. i’ll be looking at old clips of drury cleave for the rest of the day.

  13. Posted by guest | August 5, 2009 at 1:09 PM

    try watching topgear on youtube

  14. Posted by guest | August 5, 2009 at 1:09 PM

    While just commenting to Insane-a, MCC just said “triple D” witha snarky smile… There you go folks… Heaven

  15. Posted by guest | August 5, 2009 at 1:10 PM

    Seriously – nothing since this? It’s been an hour. There has to be a Maxine Waters and / or Fashion-Finance thing that deserves a mention.
    Shit, Chris Theoharris hasn’t had an ego-boosting mention all day.

  16. Posted by guest | August 5, 2009 at 1:11 PM

    http://www.pocketchangenyc.com/fmf/photos/3460.jpg
    Chardon Capital Markets. What’s that

  17. Posted by guest | August 5, 2009 at 1:12 PM

    Ron: I think what we’re seeing in the market today is….
    D Rat: Wait, wait…don’t you think that we know tht workin at the car wash was risky when OKLAHOMA!! and you know how they are whn it allwas in the TARP analysis of the CDS thing after Mama-Mia and all the dancing and all….
    Lenny: Hoss…bro….yo….it’s like I’m you know a victim and I don’t lose money I print it and all but effin ball boys carry myshit and take aa look at Electric Fork LLc…
    Ron: …a fact finding of investors who don’t wear dresses near the trade room fryer since…….
    Imus: Nappy….nappy headed…Move em up nappy- headem’ on out…cowboy hat and shades…nappy…
    D Rat: …and when you look at where we were and the memories of the way we were even Barbra Streisand couldn’t deal with her quant……
    Imus: What did you say? Streisand’s what? Nappy….
    Ron: …and given the yen carry and the portent of the AIG rally of late I think that the ……
    Macke: Nodding car people!!! Popeil’s Pocket Fisherman!!!
    Bernancke: WTF?
    Paulson: You have to man handle a fish when you noodle in Oklahoma….
    Madoff: What the fuck are you people talking about??
    Imus: Madoff…He made off didn’t he….heh….uunh..Obama..
    Ron: ….within the structure of an unregulated hedge fund industry can’t we shine on like Harvest Moon LLC did with their ……
    Lenny: And you know it was the bottom of the 9th with 2 outs and like he thought he could slide/steal int Me?
    Gaspo: What have you got? Any Axe spray….I’m jonesing…
    Imus…Nappy axe on him …a nappy axe …axe me no questions and I’ll tell you no lies….Etruscan urns…heh…50 cents a day I heard….ungh…huh..
    Kneale: Dickweeds!!!
    Kudlow: Don’t tax me don’t tax anyone…roads grow by themselves on the path less followed.
    MCC: He’s only “right” once every 20 years and he’s a LIBERAL!
    D Rat: ….lookit…lookit….I said it before and I’ll say it again: Never pee uphill barefooted because that’s a parable like in the parable of the Up Hill Peeing Prodigal when we learn that ….
    Lenny: How do you work a nail gun? I may need to learn. And it’s a chaw not Chaucer you fart from the Miller’s tale. Bastard…..
    Stanford: It’s getting hot in here!!
    ~The Playwrite Between Trades

  18. Posted by guest | August 5, 2009 at 1:39 PM

    hey playwrite, dont worry ill have the allocations for these orders soon…please send the confirms asap thanks
    also dont quit your dayjob

  19. Posted by guest | August 5, 2009 at 1:52 PM

    @18…yessir, Mr. Insana.
    ~The Playwrite Between Trades

  20. Posted by guest | August 5, 2009 at 2:30 PM

    CAN WE GET A SCREEN CAP OF MCC LEANING ON THE PODIUM THAT JUST HAPPENED ABOUT 30 MINS AGO AT END OF POWER LUNCH?

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