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Option1307 (29.78)

Why the Fool is Still the Best Forum Around and Dimes for Charity!

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23

January 06, 2011 – Comments (128) | RELATED TICKERS: WINN.DL , E , R

Recently there has been a lot of mumbling and grumbling around Fooldom regarding the perceived deterioration of The Motley Fool and Caps.

I certainly agree that they are essentially asleep at the wheel when it comes to spam (I know I know you’re “working on it”). It does get tiresome to continually see multiple times/day and it distracts from the site. Some players have even gone so far as to leave Caps/TMF in protest and I can understand their frustration.

Another issue that has been raised many times is that the Caps ranking system is flawed and people can too easily “game the system”. I agree; Caps falls short on many levels, especially when trying to determine the “best stock picker”.

With all that being said, TMF/Caps is still the best platform around imo. Sure they have some serious flaws that need to be updated and/or fixed but it still is the most valuable source of information for me personally, and I thank them for that.

There is a tremendous wealth of knowledge around the Fool, from people of various backgrounds and specialties, who all come together to share their thoughts in the hopes of making us all better investors. Seriously, what else could you desire?

Sure, there are some garbage players out there and others who probably couldn’t tell you which way is up when it comes to stock picking. However, there are a lot of true gems out there if you take the time to sift through the trash and find them. Numerous players each with their own niche that is willing and hoping to share their ideas and thoughts. This is what makes Caps beautiful. A mish mash of ideas all in one forum where you can pick and choose what you deem the very best and apply them accordingly in your own unique way.

There are countless Fools that I respect and seek out their opinions. Some because I agree with their rational and logic more often than not, others simply because I know their bias and like to see what they are thinking so I can do the opposite ;) Either way, I like having the differing opinions around.

The point being, TMF/Caps even with all its flaws, is still a great place and we all should remember that the next time we feel like giving them the finger (grrr!) in frustration.

Would you rather hang with the Trolls on the Yahoo message boards, gross!

 ----------------------------------------------------------------------------------------------------

On a happier note, let’s drop some comments in the name of charity Fools.

Every comment is pure happiness for the Thurgood Marshall Academy, so get to it!

128 Comments – Post Your Own

#1) On January 06, 2011 at 12:38 AM, Option1307 (29.78) wrote:

+0.10 for charity!

Just so we are clear, I'm not getting a cut of the profits from all these comments. Although they should be giving me something :)

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#2) On January 06, 2011 at 2:23 AM, Valyooo (99.46) wrote:

+1 from me

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#3) On January 06, 2011 at 2:57 AM, HarryCarysGhost (99.70) wrote:

+ .10

(sidenote I think that ten cents is worth more than a particular stock I own)

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#4) On January 06, 2011 at 9:37 AM, lemoneater (81.79) wrote:

Amen! They say don't look a gift horse in the mouth. I'm still amazed at all the benefits CAPs provides at no fee to me.

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#5) On January 06, 2011 at 9:49 AM, Pennyperson (< 20) wrote:

Caps ranking system is flawed and people can too easily “game the system”

I agree, but I don't play the game so- (I)- don't care 

This is what makes Caps beautiful. A mish mash of ideas all in one forum where you can pick and choose what you deem the very best and apply them accordingly in your own unique way.

(Why I'm here)

TMF/Caps even with all its flaws, is still a great place

(Why I'm here)

TMF/Caps is still the best platform around

(Why I'm here)

And another .10 + Rec.

 

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#6) On January 06, 2011 at 10:04 AM, Pennyperson (< 20) wrote:

And TMFJake has already stated they’re aggressively addressing the Spam issue – And it “will” be resolved = trust. 

And yes – where else can we obtain this kind of investing knowledge (for free). 

But, my father is a subscriber and loves the Fool

.10

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#7) On January 06, 2011 at 10:14 AM, Option1307 (29.78) wrote:

Valyooo

Thanks!

HarryCarysGhost

(sidenote I think that ten cents is worth more than a particular stock I own)

Ha ha ha best quote ever! ;)

lemoneater

They say don't look a gift horse in the mouth.

Agreed. This was exactly my point, I think Fools tend to take for granted all of the good things about TMF. Yes, there are a lot of good things around here too...

Pennyperson

And TMFJake has already stated they’re aggressively addressing the Spam issue.

You are correct, Jake has mentioned this several times. I was just giving them a hard time. I'm sure they are working towards a solution and while it is slow going (understatement of the year? ;) ) I trust that they are going to "fix it" in the end.

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#8) On January 06, 2011 at 12:22 PM, rd80 (98.39) wrote:

dime

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#9) On January 06, 2011 at 12:22 PM, rd80 (98.39) wrote:

dime

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#10) On January 06, 2011 at 12:22 PM, rd80 (98.39) wrote:

dime

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#11) On January 06, 2011 at 12:22 PM, rd80 (98.39) wrote:

dime

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#12) On January 06, 2011 at 12:22 PM, rd80 (98.39) wrote:

dime

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#13) On January 06, 2011 at 12:23 PM, rd80 (98.39) wrote:

dime

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#14) On January 06, 2011 at 12:23 PM, rd80 (98.39) wrote:

dime

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#15) On January 06, 2011 at 12:23 PM, rd80 (98.39) wrote:

dime

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#16) On January 06, 2011 at 12:23 PM, rd80 (98.39) wrote:

dime

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#17) On January 06, 2011 at 12:23 PM, rd80 (98.39) wrote:

and that's a buck :)

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#18) On January 06, 2011 at 12:34 PM, Option1307 (29.78) wrote:

You're my hero rd80!

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#19) On January 06, 2011 at 12:44 PM, zymok (< 20) wrote:

Here's +.10 for your .02.

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#20) On January 06, 2011 at 1:21 PM, Option1307 (29.78) wrote:

Thanks Zymok!

I'll match your 0.10 and raise you 0.10 more. 

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#21) On January 06, 2011 at 2:05 PM, SkepticalOx (99.43) wrote:

Do the spam posts count for charity too?

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#22) On January 06, 2011 at 3:05 PM, Option1307 (29.78) wrote:

Ha ha I wish!

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#23) On January 06, 2011 at 4:33 PM, TMFJake (74.84) wrote:

Actually, they probably do. Not sure if that eases the pain until we roll out a fix.

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#24) On January 06, 2011 at 4:42 PM, EnigmaDude (94.42) wrote:

I did not realize that comments still counted towards Foolanthropy until Jan. 7.  So here is my contribution.  And I agree that there are a lot of great benefits to CAPS that I have been enjoying for nearly 4 years now.  A bit of spam is not enough to scare me off! 

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#25) On January 06, 2011 at 4:44 PM, EnigmaDude (94.42) wrote:

Oh and btw - did you see that ALIF.OB had a big drop today?  I just bought a few shares yesterday - wish I had waited!

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#26) On January 06, 2011 at 4:45 PM, TheDumbMoney (38.70) wrote:

Here's my contribution as well.  Did Fool get to the maximum already for charity?  I'm a terrible fool with a terrible track record who often criticizes the Fool writers, but I also think this is a great site.  One of my top three for procrastination!

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#27) On January 06, 2011 at 6:04 PM, Option1307 (29.78) wrote:

Actually, they probably do. Not sure if that eases the pain until we roll out a fix.

Best...news...ever!

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#28) On January 06, 2011 at 6:13 PM, Option1307 (29.78) wrote:

EnigmaDude

I did not realize that comments still counted towards Foolanthropy until Jan. 7.

Sure do so keep those comments coming for a few more days!

A bit of spam is not enough to scare me off!  

Agreed. Annoying but it is what it is.

Oh and btw - did you see that ALIF.OB had a big drop today?

Sure did. Massive volume today and very little news. Although I can't say I'm really that surprised. ALIF is a small cap and they tend to be pretty volatile, so this is going to happen from time to time. If they break through $0.75 I'll be somewhat worried in terms of there being no support until much farther below that mark. However, if they consolidate either here or around $0.75 I might very well just add to my position. A few volatile days doesn't do anything to my belief in their business.

 

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#29) On January 06, 2011 at 6:17 PM, Option1307 (29.78) wrote:

dumberthanafool

Did Fool get to the maximum already for charity? 

I highly doubt it although I haven't seen any figures for this year. Last year the Fool barely reached the $11,000.00 mark, essentially getting half way to the goal of 20K. So I'm assuming we are around that level again this year, but this is only based off of what I see in terms of comments on blogs etc.

Any TMF staff member care to shed some light on this?

One of my top three for procrastination!

Ha ha ha so true!

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#30) On January 06, 2011 at 6:18 PM, Option1307 (29.78) wrote:

Holy geez, $3.00!

 

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#31) On January 06, 2011 at 6:18 PM, Option1307 (29.78) wrote:

TMA is gonna be rich!!! You're welcome!

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#32) On January 06, 2011 at 8:59 PM, Option1307 (29.78) wrote:

+0.10!

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#33) On January 06, 2011 at 8:59 PM, TARPedBanks (< 20) wrote:

Caps ranking system is flawed

When you consider that CAPS primary function is a stock rating tool, not finding the best investor/stock picker, some of those flaws start to make sense.

One change I'd like to see is to make a player's total point score on a stock the total of all picks like is done for Score Leader.  I think that would limit the practice of hanging on to a loser hoping it'll turn around.

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#34) On January 06, 2011 at 8:59 PM, Option1307 (29.78) wrote:

For charity!

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#35) On January 06, 2011 at 8:59 PM, TARPedBanks (< 20) wrote:

and a dime.

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#36) On January 06, 2011 at 9:00 PM, TARPedBanks (< 20) wrote:

10 cents

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#37) On January 06, 2011 at 9:00 PM, TARPedBanks (< 20) wrote:

$0.10

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#38) On January 06, 2011 at 9:01 PM, TARPedBanks (< 20) wrote:

ten pennies

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#39) On January 06, 2011 at 9:03 PM, Option1307 (29.78) wrote:

One change I'd like to see is to make a player's total point score on a stock the total of all picks like is done for Score Leader.  I think that would limit the practice of hanging on to a loser hoping it'll turn around.

That's a really interseting idea, I can't say I've ever heard it proposed before. I actually kind of like it and understand where you are coming from.

I know I certainly have held onto picks way too long simply bc I didn't want to take an accuracy hit (I hate you LVS!!).

When you consider that CAPS primary function is a stock rating tool, not finding the best investor/stock picker, some of those flaws start to make sense.

I completely agree with this statement. Caps was never designed to "find" the best stock pickers, rather it's all about community knowledge. The power of the masses etc.

 

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#40) On January 06, 2011 at 9:04 PM, TARPedBanks (< 20) wrote:

0.00345 oz. silver

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#41) On January 06, 2011 at 9:04 PM, TARPedBanks (< 20) wrote:

0.000073 oz. gold

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#42) On January 06, 2011 at 9:05 PM, TARPedBanks (< 20) wrote:

0.000073 oz. gold

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#43) On January 06, 2011 at 9:05 PM, Option1307 (29.78) wrote:

I'm gonna be honest, I'll be glad when tommorow comes and finally goes... I'll be able to rest..

It's a lot of work churning out all these dimes day after day! ;)

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#44) On January 06, 2011 at 9:06 PM, TARPedBanks (< 20) wrote:

0.0769 euro

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#45) On January 06, 2011 at 9:06 PM, Option1307 (29.78) wrote:

0.00345 oz. silver

Ha ha nice!

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#46) On January 06, 2011 at 9:06 PM, TARPedBanks (< 20) wrote:

8.3305 yen

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#47) On January 06, 2011 at 9:07 PM, TARPedBanks (< 20) wrote:

0.169 Brazilian Real

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#48) On January 06, 2011 at 9:08 PM, Option1307 (29.78) wrote:

Woo!

 

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#49) On January 06, 2011 at 9:08 PM, Option1307 (29.78) wrote:

Giving dimes for charity is fun!

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#50) On January 06, 2011 at 9:08 PM, TARPedBanks (< 20) wrote:

0.663 Chinese Yuan

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#51) On January 06, 2011 at 9:09 PM, Option1307 (29.78) wrote:

$5.00!

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#52) On January 06, 2011 at 9:09 PM, Option1307 (29.78) wrote:

Well close enough...

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#53) On January 06, 2011 at 9:10 PM, Option1307 (29.78) wrote:

Where's a good spammer when you need one?

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#54) On January 06, 2011 at 9:10 PM, TARPedBanks (< 20) wrote:

0.5729 Danish Krone

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#55) On January 06, 2011 at 9:10 PM, Option1307 (29.78) wrote:

I'd even settle for Alstry...

 

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#56) On January 06, 2011 at 9:10 PM, Option1307 (29.78) wrote:

Ha ha kidding! ;)

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#57) On January 06, 2011 at 9:11 PM, TARPedBanks (< 20) wrote:

4.546 Indian Rupee

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#58) On January 06, 2011 at 9:11 PM, Option1307 (29.78) wrote:

0.5729 Danish Krone

You're getting crazy now. I like the effort!

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#59) On January 06, 2011 at 9:11 PM, TARPedBanks (< 20) wrote:

900.25 Indonesian Rupiah

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#60) On January 06, 2011 at 9:12 PM, Option1307 (29.78) wrote:

900.25 Indonesian Rupiah

Don't even know what that is. 

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#61) On January 06, 2011 at 9:13 PM, TARPedBanks (< 20) wrote:

Gotta take a break.  I'll try to pick up the world tour a little later.

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#62) On January 06, 2011 at 9:13 PM, Option1307 (29.78) wrote:

What happened to MX and CA, you had to go for the obscure ones?

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#63) On January 06, 2011 at 9:14 PM, Option1307 (29.78) wrote:

Gotta take a break.  I'll try to pick up the world tour a little later.

Thanks for the help!

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#64) On January 06, 2011 at 9:36 PM, carfun (< 20) wrote:

Nickel, nickel, dime (nickel & dime them)!

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#65) On January 06, 2011 at 9:39 PM, Option1307 (29.78) wrote:

Nickel, nickel, dime (nickel & dime them)!

Love it! Thanks carfun

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#66) On January 06, 2011 at 9:59 PM, rd80 (98.39) wrote:

3.026 Thai Baht (THB)

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#67) On January 06, 2011 at 10:00 PM, rd80 (98.39) wrote:

0.3673 UAE Dirham (AED)

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#68) On January 06, 2011 at 10:01 PM, rd80 (98.39) wrote:

0.8008 Macau Pataca (MOP)

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#69) On January 06, 2011 at 10:01 PM, rd80 (98.39) wrote:

1.2805 Maldives Rufiyaa (MVR)

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#70) On January 06, 2011 at 10:02 PM, rd80 (98.39) wrote:

126.25 Mongolian Tugrik (MNT)

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#71) On January 06, 2011 at 10:02 PM, rd80 (98.39) wrote:

0.1792 Neth Antilles Guilder (ANG)

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#72) On January 06, 2011 at 10:03 PM, rd80 (98.39) wrote:

11.091 Sri Lanka Rupee (LKR)

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#73) On January 06, 2011 at 10:04 PM, rd80 (98.39) wrote:

0.638 Trinidad  Tobago Dollar (TTD)

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#74) On January 06, 2011 at 10:04 PM, rd80 (98.39) wrote:

0.0997 Canadian Dollar (CAD)

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#75) On January 06, 2011 at 10:05 PM, rd80 (98.39) wrote:

1.2238 Mexican Peso (MXN)

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#76) On January 06, 2011 at 10:06 PM, rd80 (98.39) wrote:

475.5 Zambian Kwacha (ZMK)

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#77) On January 06, 2011 at 10:07 PM, rd80 (98.39) wrote:

0.4296 Zimbabwe dollar (ZWD)

hmm, thought this one would be about eleventy quadrillion

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#78) On January 06, 2011 at 10:07 PM, rd80 (98.39) wrote:

17.926 Dijibouti Franc (DJF)

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#79) On January 06, 2011 at 10:08 PM, rd80 (98.39) wrote:

0.1833 Fiji Dollar (FJD)

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#80) On January 06, 2011 at 10:09 PM, rd80 (98.39) wrote:

0.3547 Israeli Shekel (ILS)

Argggh matey, class of 80!

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#81) On January 06, 2011 at 10:10 PM, rd80 (98.39) wrote:

11.689 Iceland Krona (ISK)

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#82) On January 06, 2011 at 10:10 PM, rd80 (98.39) wrote:

0.2969 Polish Zloty (PLN)

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#83) On January 06, 2011 at 10:11 PM, rd80 (98.39) wrote:

0.2 Barbados Dollar (BBD)

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#84) On January 06, 2011 at 10:13 PM, rd80 (98.39) wrote:

4.025 Haiti Gourde (HTG)

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#85) On January 06, 2011 at 10:13 PM, rd80 (98.39) wrote:

0.0647 Gibraltar Pound (GIP)

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#86) On January 06, 2011 at 10:14 PM, rd80 (98.39) wrote:

37.8325 Comoros Franc (KMF)

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#87) On January 06, 2011 at 10:15 PM, rd80 (98.39) wrote:

1.885 Czech Koruna (CZK)

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#88) On January 06, 2011 at 10:16 PM, rd80 (98.39) wrote:

0.7774 Hong Kong Dollar (HKD)

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#89) On January 06, 2011 at 10:16 PM, rd80 (98.39) wrote:

112.18 Korean Won (KRW)

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#90) On January 06, 2011 at 10:18 PM, rd80 (98.39) wrote:

7.05 Liberian Dollar (LRD)

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#91) On January 06, 2011 at 10:19 PM, rd80 (98.39) wrote:

7.05 Jamaican Dollar (JMD)

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#92) On January 06, 2011 at 10:19 PM, rd80 (98.39) wrote:

14.7095 Kazakhstan Tenge (KZT)

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#93) On January 06, 2011 at 10:20 PM, rd80 (98.39) wrote:

14.925 Malawi Kwacha (MWK)

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#94) On January 06, 2011 at 10:21 PM, rd80 (98.39) wrote:

0.3068 Malaysian Ringgit (MYR)

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#95) On January 06, 2011 at 10:22 PM, rd80 (98.39) wrote:

0.3265 Romanian New Leu (RON)

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#96) On January 06, 2011 at 10:23 PM, rd80 (98.39) wrote:

4.4045 Philippine Peso (PHP)

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#97) On January 06, 2011 at 10:23 PM, rd80 (98.39) wrote:

0.195 Belize Dollar (BZD)

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#98) On January 06, 2011 at 10:23 PM, topsecret10 (< 20) wrote:

Motley Fool Is not the same site that I joined years ago. Instead of getting better,It Is getting worse. The new layout of the homepage was the beginning of the end for me. Why fix something that Is not broken? I pop In and out every once and awhile,there are still some very sharp 'fools" on here,but It Is just not the same In my opinion. When we had 8 posts In the buzzbox It was easy to stay Involved with popular conversations. Now they have a cluttered homepage with 4 In the box and a video In the right hand corner that I have never watched. The spam Is completely out of control by the way.... TS

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#99) On January 06, 2011 at 10:24 PM, rd80 (98.39) wrote:

186.8 Colombian Peso (COP)

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#100) On January 06, 2011 at 10:25 PM, rd80 (98.39) wrote:

0.7969 Ukraine Hryvnia (UAH)

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#101) On January 06, 2011 at 10:38 PM, Option1307 (29.78) wrote:

Around the world for charity!

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#102) On January 06, 2011 at 10:38 PM, Option1307 (29.78) wrote:

Educational and fun!

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#103) On January 06, 2011 at 10:42 PM, Option1307 (29.78) wrote:

topsecret10

Instead of getting better,It Is getting worse.

I understand your concern and sometimes I feel the same. The Fool definitely is experiencing problems right now but I still stand by my point that eventhough it has problems, there is still a lot of good associated with it.

Trust me, I think things could be better, but I appreciate the fact that they are trying to make TMF a better place. Be patient and give them time. Keep in mind it's hard to please all ~60K Caps members, ultimately some are going to be unhappy.

btw I enjoy your blogs/comments so thats reason enough to stay around TS!

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#104) On January 07, 2011 at 12:06 AM, Option1307 (29.78) wrote:

Good work Fools.

$10.00!

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#105) On January 07, 2011 at 2:38 PM, lemoneater (81.79) wrote:

Hooray! Over 100. I think rd80 is the one to have around if one needs any money changed into another currency.

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#106) On January 07, 2011 at 2:42 PM, lemoneater (81.79) wrote:

A helpful tip that someone shared with me before I took my first trip to Scotland was to avoid having a lot of US $ in cash so I would be able to avoid changing money at the airport. Instead I used my Carolina First bank card at a convenient ATM and got my money changed without the 20% surcharge.

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#107) On January 07, 2011 at 2:43 PM, lemoneater (81.79) wrote:

Plastic does seem more convenient than cash for the little international travel that I have done.

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#108) On January 07, 2011 at 2:45 PM, lemoneater (81.79) wrote:

I appreciate the wealth of travel tips one can get from watching Rick Steves.

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#109) On January 07, 2011 at 2:46 PM, lemoneater (81.79) wrote:

He did provide a possible explanation for the clumsiness of the pedestrians around me that I experienced when walking on Princess Street.

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#110) On January 07, 2011 at 2:50 PM, lemoneater (81.79) wrote:

Others were always brushing into me or bumping me. I think someone was possibly trying to pick my pocket, but my friend was carrying the pounds so they were out of luck.

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#111) On January 07, 2011 at 2:55 PM, lemoneater (81.79) wrote:

I probably was still taken advantage of, but that is the risk tourists take.

I might have a counterfeit pound coin in my possession. My brother-in-law who was born in Scotland was amazed when I said that my favorite pound coin was the one picturing the cellphone on the reverse. To his knowledge there is no such picture on legally tender coins.

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#112) On January 07, 2011 at 3:03 PM, lemoneater (81.79) wrote:

Having a relatively sheltered childhood is some ways, but not in others I can be a little naive. As a rule I don't travel anywhere that I don't know someone who is savvy with how things are done locally.

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#113) On January 07, 2011 at 3:07 PM, lemoneater (81.79) wrote:

I had noticed on my first visit all the little shops that said "Bookmaker." Rather than think "Bookie" which probably would be what anyone else would think. I thought it was a place one could make a cute little book of memories as a tourist souvenir--kind of like a tiny scrapbooking shop.

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#114) On January 07, 2011 at 3:09 PM, lemoneater (81.79) wrote:

As I was about to enter, my friend grabbed me and said "It's not what you think it is."

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#115) On January 07, 2011 at 3:11 PM, lemoneater (81.79) wrote:

She wanted to save me embarrassment, not that I embarrass too easily.

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#116) On January 07, 2011 at 3:13 PM, lemoneater (81.79) wrote:

I think it would have been funny. I'm sure the bookie would have been bewildered by my request to make a book of memories.

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#117) On January 07, 2011 at 3:15 PM, lemoneater (81.79) wrote:

It would have been a memory for him for certain.

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#118) On January 07, 2011 at 3:16 PM, lemoneater (81.79) wrote:

Everywhere I go I look for books.

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#119) On January 07, 2011 at 3:18 PM, lemoneater (81.79) wrote:

Mostly books to read, but making books is also fun.

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#120) On January 07, 2011 at 3:20 PM, lemoneater (81.79) wrote:

Over in Scotland as it is here in the US, a good place to find inexpensive paperbacks is the thrift shop.

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#121) On January 07, 2011 at 3:22 PM, lemoneater (81.79) wrote:

To give credit where credit is due, I think the Scots invented the thrift shop.

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#122) On January 07, 2011 at 3:24 PM, lemoneater (81.79) wrote:

The difference between thrift shops here and thrift shops there in my experience is that they have more to choose from.

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#123) On January 07, 2011 at 3:26 PM, lemoneater (81.79) wrote:

I remember that there was a whole row of thrift shops in Dumfermline. Some of the organizations I had heard of before like the Salvation Army others were new to me.

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#124) On January 07, 2011 at 3:27 PM, lemoneater (81.79) wrote:

I bought a copy of Jim Herriots book "If Cows Could Fly" from one of the charities for animals.

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#125) On January 07, 2011 at 3:32 PM, lemoneater (81.79) wrote:

I also saw what I thought was bone china really cheap. My friend gave me a cup and saucer ornamented with thistles that said "Peebles."

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#126) On January 07, 2011 at 3:34 PM, lemoneater (81.79) wrote:

Peebles is the name of a town. I like the way it sounds. "People live in Peebles." Say that really fast if you can.

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#127) On January 07, 2011 at 3:38 PM, lemoneater (81.79) wrote:

The only think I bought in quantity to bring home was jam and biscuits. I packed a suitcase full. The lady in customs laughed and waved me on when I declared it.

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#128) On January 07, 2011 at 3:39 PM, lemoneater (81.79) wrote:

Bye for now, I don't even need a book to keep my Scotland memories green :)

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