Lindzon on Happy Hour

Thanks for the video post. I just deleted Wallstrip from my browser favorites. When buffoons like this are making money stsrting the financial equivalent of “The Star”, it reminds me I want to add to my financial shorts.

You are being a little hard on him, no?

Howard certainly is nothing like the stuffed shirts I had to deal with at shops on Wall Street, where everyone put on a front, and acted differently privately then when they were blowing smoke up their clients asses.

Wallstrip was a giant overnight success, and while you can quibble with the momentum strategies it espoused, it added a color to the Street, and was quite innovative.

Howard was certainly promotional, but I have come to appreciate his offbeat sense of humor.

Yes, he is nothing like the crew at 230 Park, but they were more liable to stab me in the back. I always treated people fairly, particularly the Sellside folks who were routinely abused by the Buyside, verbally and credit card wise.

I have learned to operate differently from the days when I had a 7 figure commission stream to dangle in front of people and a team of vendors kissing my ass. I do more reading outside of First Call, and have come to rely on a host of blogs and websites my friends in the investment community are only beginning to discover.

There is stuff happening on the web that reminds me of Silicon Investor circa 1998; I met many legitimate people on SI, one of which even runs $5 billion today and is routinely in the papers.

I was horrified at the finacial acumen of the newbie traders in 1997, but kept an open mind, which paid off later. I had every advantage over the daytraders, and was initially contemptuous of them, but got off my high horse and tried to learn something.

Howard might not be everyone’s cup of tea; neither am I, but he has carved out a nice niche for himself, and much like the rest of the talking heads adds a little color to the Street. These boring long only guys that cannot recommend a stock, like Brian Gendrau from ING, should be banned from CNBC and FBN.

I had better stop when I am ahead. But how about a 30 minute “Fast Money” clone from 5:30 to 6pm on FBN. They already have Bolling, and could rotate a panel through.

Happy Hour is long at an hour, and sometimes Fast Money is too…

regards,

SJ

PS- Are you the real McCoy?

I can’t think of an investor more legit than Howard. His stockpicking fund has been doing great (I don’t know what he discloses but lets just say its nicely positive and the market is hugely negative). He’s exited 3 VC deals (at least) so far this year and he helped raise a new VC fund. He’s an incredible networker and source of deals.

Yes, I would agree.

I could not understand the goofy comments on the recent Yahoo! Tech Ticker appearance after he voiced his views on oil vis a vis the market.

He called it as he saw it, and got it right, which is better than some of these guys whose firms would never let do anything but toe the “marketing line”

And it goes without saying, the sly comment about Lindsay in the video was vintage Lindzon.

Hilarious.

I think he took you at the Pool table too, James.

Rematch video overdue.

regards,

SJ

Well, just to clarify: he did NOT take me at the pool table. That was all in the editing! (We split one game each). And yes, a rematch is overdue.