Joey Ramone wasn’t just a punk when it came to his finances. Fox Business Network’s Maria Bartiromo revealed Wednesday that the late rocker was also a savvy stock picker. “[Joey] used to e-mail me all the time saying, ‘Maria, what do you think about AOL? What do you think about Amazon?’ ” Bartiromo told Shepard Smith. But, “I didn’t realize it was the real Joey Ramone . . . I was answering him back . . . giving him my take on things, and he called me one day and said, ‘I want you to come down to CBGB’s, I wrote a song about you.’ I said, ‘What, Joey? I have to get up tomorrow morning at 4 a.m.! I can’t be at CBGB’s at midnight.” Ramone’s 2002 ode included the lyrics, “What’s happening on ‘Squawk Box?’ What’s happening with my stocks?” Bartiromo said, “I’m so mad I didn’t go that night because when he sent me the video . . . singing that song . . . most people don’t know what a savvy investor Joey was. He knew what he was doing.” [NYP]
She’s got less than three weeks to reset her internal clock. Read more »
Rupert is said (by a newspaper he owns, so maybe they actually know?) to be shelling out a few million for the $Honey. No word on perks. Read more »
Maria Bartiromo: We’ve talked a little bit in the past about you following CNBC, following your investments. Do you have money in this market? Charles Barkley: I do have money in this market. The key when you have money, and I’m not bragging, I am just blessed to have money, you only probably want to risk 20-25% of it. 70% you want to just put in safe stuff. You know 70% of professional athletes go broke. MB: I know, that is amazing. I feel like the more money you have, the more at risk you are to lose it. CB: No, the more freeloaders you have, actually. You just have to learn to tell your family and friends ‘no.’ Once you start giving people money, they never stop. You become an enabler. Once you start giving people money, they never stop. It is not like you say, ‘Here, let me give you money,’ but they keep coming back. You have to learn the magic word, ‘No.’ ‘I am not giving you any money.’ [CNBC]
And my final words of wisdom are: Believe in yourself. A few years ago, I thought I had seen it all, having had this front row seat to so much happening in business globally. But then I received a call that led to one of the most exciting days of my life. It was the New York Yankees calling. They wanted me to throw out the first pitch in the last game of the season. I immediately said yes. I said, of course, I will throw out the first pitch. What an honor! Then I hung up and said, “What did I just do??” I don’t even know how to play baseball. I don’t know the first thing about a pitch! Never mind throwing it 60 feet to get it over the plate!! And with 60,000 fans in the stadium!!! There was no way I am getting booed in my hometown. So, I practiced for a month, every night and every weekend; I perfected my pitch. On the day of the game, right before they called me to the mound, I turned to my trainer. I said, “Dan, what am I doing? I can’t do this. I am not a baseball player!” He turned to me and looked me right in the eye and said, “Maria, we have been working on this. You have been doing it. Now go do what you are supposed to do.” He said, “Maria, when you are out on that mound, remember one thing: Maria, you are exactly where you are supposed to be.” [BI, related]
For those of you who’ve been missing the CNBC anchor since she parted ways with the network last March, a Christmas miracle: she’ll be joining Bloomberg TV January 9 co-hosting “Street Smart” from 3-5PM, pitting her against former colleague Maria Bartiromo and the “Closing Bell” time slot. In related news, the whereabouts of departed CNBC personality Dennis Kneale are still unaccounted for.
Having said that, the chance to soak up the market moving insight of a one Professor $Honey will not last. Read more »