Dick Morris, whose track record of being wrong about nearly everything finally managed to cost him his job at Fox News (where accuracy is hardly a virtue), is apparently trying to reinvent himself as an investment adviser. He’s going around giving seminars on how to make one’s retirement crash-proof.
Conservative pundit Dick Morris, who wrote 2005’s Condi vs. Hillary: The Next Great Presidential Race and predicted Mitt Romney would win the 2012 election in a “landslide,” now wants you to trust him with your retirement savings.
According to a July 30 press release, Morris is working with Retirement Media Inc. “to educate seasoned investors on how to protect their savings with safe alternatives outside of the stock market.” Morris is headlining several events in the next few months where attendees will “hear market predictions from him.” The event’s website includes a video featuring “A Special Message from Dick Morris” in which Morris warns of people preying on “suckers.”Why anyone would voluntarily listen to “predictions” from Morris is unclear. Morris has a history of comically wrong political forecasting, incorrectly gave credence to warnings of a 2013 stock market crash, and has sent numerous pitches through his email newsletter promoting penny stocks which subsequently tanked and are now virtually worthless.
The former Fox News pundit — whose tenure was marked by a pattern of ethical misdeeds — became a national laughingstock after the 2012 election for his enthusiastic prediction that Mitt Romney would win in a “landslide.” Other failed Morris predictions included his statements that “it’s very possible” Obama would drop out of the race, that Donald Trump was “going to run” for president and “he could beat Obama,” that Herman Cain would “overcome” sexual misconduct allegations, and Republicans would “win 10 seats in the Senate” in 2012.
If you’re dumb enough to listen to this man’s advice, you deserve to lose your money.