Australian (ASX) Stock Market Forum

ACA Expose Spruiker

investment gurus aren't any different to fundamentalist evangelical types

always lures in the moronic and the gullible
 
not sticking up for the guy, but, if you believe anything ACA ot TT says, then you've been nailed.:eek:

Watch Chaser's war, media watch or if you really want the inside story on tabloid tv, the old ABC series FrontLine - With Mike More; thats how it really works :p:.

The program is designed to sensationalise the mundane, pull in ratings and it doesn't care how it does it. Proof is on the ACMA website with the number of investigations these shows draw for breached ethics, codes and irresponsible reporting.

If they reported that the sun was going to rise tomorrow, I wouldn't believe it without checking myself!
 
I was refering to their weekly send up of the current affairs programs... funny as! But also shows how crap they are
 
Actually, I thought it was one of the best interviews I had ever seen ACA do.

OK, the guy was right, for some of those people it wasnt their money as such, where he had reserved $5000 of their seminar money to invest on their behalf, but where was the profit he had promised them? His inability to answer this question was just amazing - he couldnt even refute the question, or defend himself let alone answer the question. He just just there like a goldfish gasping for air!
 
not sticking up for the guy, but, if you believe anything ACA ot TT says, then you've been nailed.:eek:

Watch Chaser's war, media watch or if you really want the inside story on tabloid tv, the old ABC series FrontLine - With Mike More; thats how it really works :p:.

The program is designed to sensationalise the mundane, pull in ratings and it doesn't care how it does it. Proof is on the ACMA website with the number of investigations these shows draw for breached ethics, codes and irresponsible reporting.

If they reported that the sun was going to rise tomorrow, I wouldn't believe it without checking myself!

megla this report was factual, I personally know 5 of the people interviewed and the details behind it, as I said he was nailed.
 
megla this report was factual, I personally know 5 of the people interviewed and the details behind it, as I said he was nailed.

No offense, but we didn't get to hear his answers, because the crap reporter kept interrupting and then

His inability to answer this question was just amazing - he couldnt even refute the question, or defend himself let alone answer the question. He just just there like a goldfish gasping for air!

The slick editor cut them all out - except the parts that make him look like the boogie man.

Until you get both sides of a story - unedited, then its biased reporting. Watch this weeks media watch at Abc.net.au to get a good understanding of how they work their stories.
 
He had plenty of time to answer. For instance, when he was asked "where is the money" he replied "You tell me where the money is".
 
10.52 story length.. yep!

I don't doubt that he's what they say he is. But I get that from Sunbemo, not from a show like that!

I had to laugh when on media watch this week the producer from ACA said (regarding a different story), "this isn't a standard ACA ratings winner story"
 

LOL

Like the Dark Side of "The Force"...

There's a Dark Side to "The Secret"

darth-vader.jpg
 
I don't really like the reporter, I've seen him do other stories like this. I don't know what that was but it wasn't an interview, it was rather annoying because it would actually have been interesting to hear what the bloke had to say (regardless of whether it was true or not I'd like to have had a chance to hear what he had to say).

So basically you wouldn't know the real story from that segment.

If sunbemo knows people involved I'll take his word for it, and I also wouldn't trust anybody that charged that much for a seminar - he's obviously living off the income he gets from that and not from any trading skills.
 
Wayne if you read this , thanks for that link , very informatiuve and relevent in a "greed and literacy thread here

cheers
 
I am up to 5:39 on this clip where David is in the interview and the people are popping up on the screen venting their anger and asking "where is the money?" and I feel that this story to me seems a little hypocritical.

On one hand we have a guy who promises all this investment success to 'willing' people who want to invest their money with this guy and they get doughnuts in return. On the other hand we have a reporter wanting to do an interview with a guy for whatever reason to promote something good for this fellow and all the reporter does is dog him. That to me is hypocritical, both the reporter and the investor suck people in and dog them, so far as far as I’m concerned these two people deserve each other...

Apparently he would take $5000 of people’s tuition and invest it and return 50% of the profits, umm... if there are no profits, no money people. That’s what happens when you willingly give your money to other people, (7:34) they spend it.

Also, has anybody read the contracts that the investors signed with this guy or is the reporter taking 'peoples word' for this?

Ok, I am not defending this fellow because he clearly needs to answer some serious questions, especially the simple question which he thinks is rhetorical, 'where is the money?' However, people need to take some responsibility for their own actions.

:bier:

blue
 
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