The last possible thing anyone would want to see on television during these troubled times is a show about investing. And yet Channel 4 do what they do best (doing something because they're not really meant to, like some ignorant teenager) and commission the show.
It's all very quaint; a city trader gets bored tapping numbers into a computer, sells his flat (where in the UK do flats sell for £25k?) and takes off to travelling around the world, investing in wares and selling them on for profit. The premise immediately tramples over what everyone should really be doing, which is working and shopping to get the economy on track because arseholes like this ruined the system in the first place. But I like Conor, he's a good lad.
A bit dim though. When investing in something it's usually wise to do a bit of homework before splashing the cash. Sadly, Conor's homework amounts to little more than phoning or emailing "contacts" for where to sell for the highest price. Buying coffee and horses looks like a good investment, but when you know sweet fuck all about what buyers look for in a coffee bean or how horses need to be looked after, well you're leaving yourself open to be a right mug. Conor trades in a world completely alien to him; he has no idea whether buyers are warning him that his horses look injured, that he's been sold shit coffee, or that they're pulling his leg to get a better price for a top product.
The show pans out with Conor visiting a premises, having a look around and then making insultingly low prices which has the seller squirming in their seat to make a deal on TV. Conor then sets about travelling hundreds if not thousands of miles to a notoriously tough and risky market to sell the product at a high price. He's then mocked and battered down to a profit so measly it was worth fuck all going for it in the first place. This is because he isn't a trader or a merchant, he's someone looking for a quick buck. A real trader would reject low bids for his wares, go home and try again the next day. Conor wants a quick sale so he can move on to more travelling around.
Around The World In 80 Trades really is a laughable programme which teaches you how not to be a trader, and shows for all to see the risks that these bastards make and have made in the past to make a profit. it's why we're all paying for it now.
It's all very quaint; a city trader gets bored tapping numbers into a computer, sells his flat (where in the UK do flats sell for £25k?) and takes off to travelling around the world, investing in wares and selling them on for profit. The premise immediately tramples over what everyone should really be doing, which is working and shopping to get the economy on track because arseholes like this ruined the system in the first place. But I like Conor, he's a good lad.
A bit dim though. When investing in something it's usually wise to do a bit of homework before splashing the cash. Sadly, Conor's homework amounts to little more than phoning or emailing "contacts" for where to sell for the highest price. Buying coffee and horses looks like a good investment, but when you know sweet fuck all about what buyers look for in a coffee bean or how horses need to be looked after, well you're leaving yourself open to be a right mug. Conor trades in a world completely alien to him; he has no idea whether buyers are warning him that his horses look injured, that he's been sold shit coffee, or that they're pulling his leg to get a better price for a top product.
The show pans out with Conor visiting a premises, having a look around and then making insultingly low prices which has the seller squirming in their seat to make a deal on TV. Conor then sets about travelling hundreds if not thousands of miles to a notoriously tough and risky market to sell the product at a high price. He's then mocked and battered down to a profit so measly it was worth fuck all going for it in the first place. This is because he isn't a trader or a merchant, he's someone looking for a quick buck. A real trader would reject low bids for his wares, go home and try again the next day. Conor wants a quick sale so he can move on to more travelling around.
Around The World In 80 Trades really is a laughable programme which teaches you how not to be a trader, and shows for all to see the risks that these bastards make and have made in the past to make a profit. it's why we're all paying for it now.
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