Monday, August 13, 2007

Fast Money is one of the worst shows on TV

I've posted about this before, but the show "Fast Money" with Dylan "The Rat" Ratigan is definitely still one of the worst shows on television.

I happened to be flipping by it tonight and the guys were laughing about the Chinese exec that hung himself due to high levels of lead paint in certain toys. The big bald headed guy made a comment along the lines of how 'those high product quality standards wouldn't fly in the US' or something like that. They were all chuckling.

I watch a few minutes of this show every now and then and all it is is a bunch of trumped-up sensationalism. At least Cramer knows what he's talking about. Dylan Ratigan is just a complete loser who knows absolutely nothing about investing. I don't know what kind of person would watch this show and bet on stocks because of it, but I'm guessing it might be the same kind of person that hangs out at the off track betting place all day.

I just had to rant here. This show is CNBC's blatant attempt at capturing ratings by making a show in the style of Jim Cramer's Mad Money, but it is just a big pile of crap. None of the guys really know what they're talking about, they don't give any real recommendations, they only talk about short-term things, and Dylan "The Rat" Ratigan is not only unlikeable, he's also ridiculously unqualified to be running a show like that.

Do yourself a favor- do not watch this show.

A slower paced show, but one that is much more worthy of your time because it actually discusses business issues and strategy, I happened by an episode of "Digital Age" this weekend where the host interviewed Mary Meeker on Google and the future of the Internet. If you have a few minutes, this episode is available on YouTube, and it's worth watching. The host sort of freaked me out a bit with his incredibly stiff face and delivery, but Meeker's insights are really great. You can access this episode of the show here.

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