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Tom Winnifrith’s BearCast 11th October – stockmarket & oil price crash special

Tom Winnifrith Tuesday 21 October 2014

 

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Normally BearCast is just a weekday podcast feature. However in light of the plunge in global stockmarkets and the oil price on Friday I have served up a special. I make explicit warnings about how you should protect your wealth next week.  This website was termed “Prophets of Doom” by another website which has encouraged you to buy shares generally and crap like Quindell (QPP) in particular. We are being vindicated in a massive way across the board. In that spirit I urge you all to listen hard.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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FREE Podcast: ShareProphets Radio Edition FOURTEEN with Tom Winnifrith: The A to Z of the Rise and fall of Neil Woodford

There are  no guests in this  week’s show which is sponsored by Open Orphan PLC (ORPH). it is just me, at the end of a momentous day in the world of financial services. First up I discuss Thomas Cook (TCG) and grandstanding by limp dick MPs, executive greed, the failings of NEDs and fund managers and the heroin that is debt. Then the vast bulk of the show is devoted to Neil Woodford. What went right and what went wrong and why? Why the FCA is cuplable and why Woodford should go to jail. What were the warning signs everyone bar this website ignored? Who else is to blame? Why Hargreaves Lansdown (HL.) must be broken up. What will happen to each of the 3 vehicles Woodford was fired from or quit yesterday and how much cash investors wil get back.If you like this and can’t wait seven days for more of the same  and are tired of being a cheapskate you should listen to my Bearcast every day.

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