I just read in The Economist that Zuma said something like the following about the DA (Democratic Alliance):

“People who vote for the DA will be haunted by the spirits of their ancestors.”

He has also said something like:

“The DA is hellbent on the destruction of the black race.”

This is funny because roughly 30% of all legislative representatives of the DA are black.

Furthermore the DA leader, Helen Zille is not really a hater of black people, quite the opposite.

Conclusion: Jacob Zuma is an unbelievable idiot who is a disgrace to an already disgraced global political class.

He occupies the very bottom with the likes of Berlusconi which is now accusing S&P for making a politically motivated downgrade of Italy’s debt.

Unbelievable stuff, why can’t the human race move forward on a social and economical level as well as on the technical level?

It’s my firm belief that people with brains need to focus more on politics than science and getting rich or the monkeys will run the show (evidently).

Jesus Christ, god almighty, WTF is this.

The writer, of DOW 36000 now advocates a 50/50 mix of stocks and gov bonds at a time when interest rates can only go higher.

This is just too much…

Furthermore the idiot in question suggests you also own bear funds/ETFs/whatever. Why on earth would you want to do that at the same time as you are long as a retail investor?

As a retail investor you can simply get out of your longs within the blink of an eye if you think you’ve topped.

This is just one of the most ridiculous idiots alive at the moment, if you want to make money do not listen to him and do not buy his stupid books.