Once again Motley Fool rises to the occasion. They are truly the King of Misleading and Stupid headlines. It’s interesting as they purport to be sound financial advisers. Would you take financial advice from someone who posts misleading information? I wouldn’t.
What is the story really about? Do I really need to explain the stupidity that is the headline? Why, yes I do!
The military is decommissioning about 350 Kiowa scout helicopters. They military thinks the upkeep on the machines and the training required for mechanics is not necessary. The article mentions other helicopters doing the job in its place and the cost associated with this; but conveniently forgets drone technology.
The article advises investing in defense companies that don’t make the Kiowa because someone else will have to provide the military with hardware that does this job.
There are reasonable points in the article. The helicopter is being decommissioned. There will have to be a replacement but to categorize it as a “Huge Mistake” and a way that investors can profit from it is utter nonsense.
This week in Stupid and Misleading Headlines brought to you, as usual, by Motley Fool.
Tom Liberman
Sword and Sorcery fantasy with a Libertarian Ideology
Current Release: The Spear of the Hunt
Next Release: The Broken Throne