Roddy Boyd has more patience than me in chasing down stock hucksters
Courtesy of Bronte Capital
Roddy Boyd has a story about the wondrous life of yet another stock huckster with a couple of fake PhDs.
http://sirf-online.org/2014/09/16/the-manufacturing-of-professor-dr-anthony-nobles/
I maintain it is better to be a stock-promoter than a short-seller. Stock promoters tend to live very well. Right up there with the biggest hedge fund managers.
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Excerpt from The Invention of Professor Dr. Anthony Nobles
By RODDY BOYD AND KEITH LARSEN
Putting it bluntly, comparing the life of Anthony Nobles to ourselves is a fool’s errand — most of us would be happy to vacation near a beach in Southern California, or to
spend a few minutes behind the wheel of a Ferrari; Anthony Nobles calls that “Tuesday.”Incredibly however, lurking here and there, are a ragged band of malcontents and embittered cynics who don’t see Anthony Nobles as a real life Tony Stark or even a community-minded entrepreneur.
Heretics all, they see a businessman whose true vocation is selling ideas and investible notions that never emerge as promised.
A better word for these people is “investors” and with few exceptions, they appear to be correct. Anthony Nobles has a storybook life yet, according to Southern Investigative Reporting Foundation research, it appears most (if not all) of the capital he has raised has failed to earn a return.
Over the course of two months SIRF investigated Anthony Nobles and his business career, conducting interviews with a series of his former investors and colleagues and analyzing documents from both his public and private ventures.
What follows are the broad strokes of how Nobles used a combination of imagined and overstated credentials about his schooling, his teaching career, and his success as a entrepreneur to craft his greatest invention — the legend of himself as a medical technology renaissance man.
