Categories
Australia Football Media Shoddy Journalism

Is Understood To Be More Than Double

I’ve already posted this to Twitter (twice, actually) but I’m going to keep posting it until someone else finds it as funny as I do.

Yesterday The Age reported on the announcement from Optus of their plans to televise the Premier League here in Oz from next season.

My favourite bit, though, was this:

In November, Optus surprised the market by swooping on the rights to the EPL and agreeing to pay $63 million annually, which is understood to be more than double the $20 million a year that Fox Sports is paying now.

Sources close to the business recently confirmed to Fairfax media that 2 and 2 are understood to equal 4.

As of press time, just one other person in the world thinks this is funny.

In other news, whatever happened to that bus with the world’s 62 richest people on it? I bet they’re having a ball.

You could fit the richest 62 people in the world on a single coach

Categories
Australia Media Shoddy Journalism

Letter To The Editor

Dick Smith Motley Fool

For some reason The Age chose not to publish my letter. Can’t think why…

*

Sir,

I almost choked on my cornflakes reading Scott Phillips of The Motley Fool in today’s Money section explaining “How to avoid investing in the next Dick Smith“. One answer to this might be “don’t listen to what the so-called experts say”. As recently as October last year one stock picking service was extremely bullish on DSH, writing that it was trading at “bargain prices”, with “more upside than downside”.

DSH_MF_1

“Looking past the short-term factors could result in a very Foolish reward for those willing to take the plunge”, they said. “Dick Smith is a stable stock with great dividend and growth prospects.”

And the service providing this advice? I believe they’re called “The Motley Fool”. I think there’s a chance Scott might be familiar with their work…

DSH_MF2