Thread by @DougKass

@KeithMcCullough $SHAK, $DKNG, $ROBU, $RBLX - more media darlings that have spit the bit this week.
Coming up on @TSTRMPro
Fame And Access Should Be Earned By Process and Not By Personality
* Beware of the hocus pocus 'cause when they get into trouble as the tide goes out --

they go into their dance

"They are shorting innovation and are simply not doing any research."
- Cathie Woods
Ten days ago I wrote the following column which bears repeating in this very challenging market backdrop.
The criticism is not an ad hominem attack on Cathie Woods, on the business media, or

on anyone else. Rather, it is a warning that must be made on a subject that few are willing to discuss.
And, it is an expression of the reality of the day - in the backdrop of an aging Bull Market.
We learn lessons, not during the salad days, but when things go sour.

Too many, dogmatic and uninformed "talking heads" get platforms not deserved - and it is only in a challenging market that we uncover that they are swimming naked.
"Undeserved praise causes more pangs of conscience later than undeserved blame,

but probably only for this reason - that our power of judgment are more completely exposed by being over praised than by being unjustly underestimated."
- Friedrich Nietzsche
Fame and access should be earned by process and not by personality..
Scott Wapner's brilliant @CNBC

interview yesterday with a non repentant Cathie Woods and the continued evisceration of former stock favorites like ROKU (and many others included in ARK Management's portfolios) reminded me of these words written in my Diary recently @tomkeene

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