No. of Recommendations: 20
It's a shame that TMF did not stay the course with LTBH.
There’s very little profit in LTBH if you’re selling a newsletter on which stocks to buy or programming a TV network about investing or running a brokerage. You’ll get some business from time to time, sure, as people accumulate enough to add to what they’ve already got, but velocity and action, that’s where you get people signing up, tuning in, trading positions.
How many times does someone need to hear “Costco is a good company with good prospects” or “Berkshire offers stability” or whatever?
Indeed, I think most of the people on these boards, even if LTBH are anomalies; we want to hear the latest and greatest, but we also want to hear our LTBH validated. I don’t think most people are like that.
