tag:blogger.com,1999:blog-3666533987461945220.post1799023238043111733..comments2023-08-13T05:42:50.000-04:00Comments on DanJanifesto: Why the Talking E*Trade Babies Have Shaken My Faith in Free Market EconomicsDan Jhttp://www.blogger.com/profile/06003691092934995730noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3666533987461945220.post-39709438635916439382009-02-06T11:37:00.000-05:002009-02-06T11:37:00.000-05:00I just do what the baby tells me. He gets me a bet...I just do what the baby tells me. He gets me a better return than my "real" broker. And he's WAY more entertaining.Michaelhttps://www.blogger.com/profile/03241990356176289586noreply@blogger.comtag:blogger.com,1999:blog-3666533987461945220.post-23160039876667717602009-02-05T18:18:00.000-05:002009-02-05T18:18:00.000-05:00There is really one one statistic you need to see ...There is really one one statistic you need to see in order to determine if we as consumers are rational. See the negative personal savings rate pre economic meltdown. Could anything be more self destructive than an unsustainable level of personal consumption? Lets not be shocked. E*Trade is trying to sell us on day trading as much as The CMB were trying to get Chris Rock hooked on crack. The consumer was always willing to buy and just looking for an excuse...cue the talking monkeys.Richhttps://www.blogger.com/profile/01393232414341369793noreply@blogger.comtag:blogger.com,1999:blog-3666533987461945220.post-84665952673939268662009-02-05T07:13:00.000-05:002009-02-05T07:13:00.000-05:00Who are the people who would load all their money ...Who are the people who would load all their money in the stock market in this environment? Who are the people who would forget the crash and double down? Who are the people who look at the past 40 years return and realize it's 10% up, plus or minus 20%, so pretty good bet at it going up? Are there any of them still left out there? Gee... they must have been born yesterday. Oh wait, that is the target market here.dfieldshttps://www.blogger.com/profile/13903505066184838320noreply@blogger.comtag:blogger.com,1999:blog-3666533987461945220.post-68615070999108814362009-02-04T15:35:00.000-05:002009-02-04T15:35:00.000-05:00Funny post, however, in a world where online tradi...Funny post, however, in a world where online trading services have really become commoditized, all offering the same basic costs per trade, and thresholds to receive the really cheap trades, each online brokerage needs to have an edge. So deciding to use eTrade to purchase my IBM stock instead of Charles Schwabb because of the talking baby isn't that terrible. It's not as though the talking baby is convincing me to buy Google stock over IBM, though if he tried, I'm sure he could.Ben Szekelyhttps://www.blogger.com/profile/13798199746220083379noreply@blogger.com