@jgpmolloy yeah, it's the malicious tendency to it all upsets me...people just don't seem to simply think their own thoughts. Groupthink.— jonny evans (@jonnyevans_cw) August 12, 2013As the late, great and horribly underrated Elliott Smith said:
People think they know all these things about other people, and if you ask them why they think they know that, it'd be hard for them to be convincing.This is why Bob Evans "blogs" for a publication nobody reads. He claims to be "not overly familiar with" me, yet can go on to disparage me as not only "mean and rude and obsessive," but my tendencies as "malicious." He and his Twitter follower accuse -- I guess me and TheStreet -- of "Groupthink" on the basis of Jim Cramer's position in AAPL. Apparently, we don't think for ourselves; we correlate editorial opinion with Cramer's portfolio. That's strange, considering we probably had the most extensive, well-rounded and diverse coverage of the Apple/Carl Icahn thing in all of the media, financial or otherwise. Here is a close-to-complete list of the stories TheStreet published on Apple/Icahn over the last 36 hours or so: Carl Icahn is Short-Sighted on Apple (Chris Ciaccia) Don't Follow Icahn Into Apple (Gregg Greenberg) Icahn: Apple's New Money Maker (Bret Kenwell) An Activist Investor Gooses a Golden Apple (Marc Courtenay) Carl Icahn is Bad News for Apple and Investors (Rocco Pendola) Apple Bears Can't Walk and Chew Gum (Richard Saintvilus) Icahn Not Out to Cause a Fuss (Eric Jackson, Real Money Pro) Apple, Meet Carl Icahn, Be Happy (Chris Ciaccia) Icahn's $10 Billion Tweet (Antoine Gara) And, for good measure, pre-Icahn, Chris Ciaccia's Larry Ellison is Wrong About Apple to nicely counter my take on the subject, Why the Controversy Over Apple? If you do a quick skim through those 11 articles -- listed in chronological order starting with the most recent, as of Wednesday evening at 8:00 pm Eastern -- you will find a solid mix of news and information alongside diverse, strong and often provocative opinions. I would put that portfolio of stories up against the work of any other organization who dealt with the matter. And, if you didn't already know it, through reading those articles you never would have guessed that Cramer works for and founded TheStreet. It appears as if there's absolutely no consideration whatsoever of what Jim Cramer thinks about Apple or what position he holds in the stock. And that's because there isn't. (For the record, as of this writing, Cramer and Stephanie Link's Action Alerts PLUS portfolio is long 50 shares of AAPL. They're up 41.42% on the position).
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