Financial idiocy rules in the US, I guess...
I love it and I mean love it when so called 'experts' are wheeled out to tout a point of view.What's invariably more interesting than what they hvae to say is guessing what they're going to say in advance as the piece, be it on TV or in print, will have a leaning towards one opinion or another anyway.
So today's expert is is Jeff Macke, who, over on www.cnbc.com, has advised to sell Sony shares as Halo 3 is, in his thoughts, the final nail in the Sony's coffin.
Right, that's me sold. Forget everything else... one game is going to hammer home that final nail. Yes, Jeff, I'm sure you're right.
But hang on Jeff, just one minor thought... What about all those Xbox 360s that are bricking, causing massive issues for Microsoft isn't that a good reason to BUY Sony shares? Oh and Jeff, if you're telling me to sell Sony, which would mark a lack of confidence in Blu-ray's biggest proponent, shouldn't you be advising me to buy Toshiba? Or LG?
Talk about doing half a job based on nothing more than pure speculation...
Now the hype around Halo 3 has been immense and already we're seeing reviews scores which claim it is the perfect game, something I find incredibly hard to believe... and though I reckon Halo 3 is going to be very, very good, it's still going to have flaws... and it sure as hell isn't a game that'll kill the PS3.
With financial advice like this I guess Jeff is the guy we can all thank for the Northern Rock fiasco...