If you’ve spent any time watching CNBC, you know the programming routine: trot out ‘expert’ after ‘expert’ after ‘expert’ to talk about where the market is going today, tomorrow or over the next month. Ask the ‘expert’ for their best stock idea – or what stocks they think will drop – and that’s the segment…. Read more »
More than 90 million Americans have money invested in mutual funds. They are, by far, the most common investment vehicle for middle-class Americans. In total, mutual fund managers control over $13 trillion. That’s TRILLION, as in a thousand billion. These highly compensated mutual fund managers control such enormous wealth because they have the smarts, the… Read more »
We’ve enjoyed exposing fraudulent touts in the past. You may remember John Harrison, the proprietor of Vegas Killers, who had such a bad record that he faked his own suicide. Well, now we bring you the amazing story of John Morrison. According to his website, John Morrison is a “celebrated Ivy League graduate from Cornell… Read more »
The  “What I think I do vs. What I really do” meme has been making the rounds but no one has taken a shot at a sports bettors version. So we did.  Click on the image below to see the betting version: Feel free to share to help set the record straight.
Danny Sheridan, “oddsmaker” for the venerable gambling publication USA Today, doesn’t bet on sports. This according to his interview with Covers.com. So if you’re keeping track, this means Danny Sheridan, “oddsmaker,” doesn’t work at a sports book. And Danny Sheridan, sports betting expert, doesn’t bet on sports. Sheridan has been in the tout business for… Read more »
Back in the old days – like, you know, back in the 1980′s – being a shameless tout was a bit easier. You could create some pumped-up persona, get a 900#, buy some cheap radio and television spots and whamo – you’re in business. You claim whatever record you wanted to and pump your Lock… Read more »
As we’ve said before, touts are a lot like professional wrestlers. They create larger-than-life personas full of bombast and sensationalism and, you know, they’re fakes. No one fits this description better than Stu Feiner. In case you’re not familiar with Stu, he was big in the 90′s, like 3 button suits and The Spice Girls…. Read more »
The sports advisory business – or touts, as they are more commonly called – is home to many unsavory characters. High profile media outlets have done solid reporting jobs investigating the claims made by many of these outfits. HBO’s ‘Real Sports with Bryant Gumbel’ did a piece on the legendary tout Stu Feiner during which… Read more »
Darren Rovell, CNBC sports business reporter and handicapping skeptic, posted an article on tout Adam Meyer and his website, RealMoneySports.net. Â Meyer, as you may know, has surprised many by advertising his sports pick selection service behind home plate at Florida Marlins games. The visual of a tout’s advertisement in a stadium where games are being… Read more »
