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Listener's feedback:
From Chris Ford. Dear Candy Crew
(1st class)
I always find the
financial part of the show intriguing. However I wish to take issue with
David’s supposition regarding the holding cost of grocery items in your
cupboard. The highest element of holding cost is the opportunity cost of
utilising that asset for other purposes. In general the cupboards are there in
the kitchen and have no other purpose except to hold food. Unless David is
proposing smaller houses with no cupboards or that we eat our food raw on the
way back from the supermarket then no savings are made.
Chris Ford
FCA
Ford & Co Chartered
Accountants
Bristol
From Ashley Shaw
Two observations:
1. From today's show -30-9-04 Does David Kuo
live in the real world? £40 per week per
person on basics at supermarkets may be high but it's not lot (remember that's food, toilet paper
washing up liquid etc) and what's he on about "holding costs" of
keeping a tin of baked beans -it's only the costs of the interest foregone by
not investing that money. Get real David food gets wasted!
2. Do you notice how he always says "sort
of". So he'll say something like
"if people want to sort of save money". Well either they do want to save money or
they don't -you can't sort of save money.
This is the same as kids saying "like" these days -its a
childish affectation. I am sure you could easily find many examples like this.
Keep up the good work.
Ashley
PS I've copied this to Danny
coz I love the show -had a right old laugh this morning.
From Ali Kelman
The David Kuo Website
Greetings from The Platinum
Club.
Ali the Footman bids you
welcome and may I take your hat?
Over here in the land of
Platinum we find the musings of Mr Kuo of great financial benefit and our
leader, The Grand Invisible Wazir, (all hail His Greatness - and that),
wouldn't dream of making any financial major decisions until he has heard the
words of Kuo, whilst sipping on his early morning java.
Only last week His Eminence
stated in an Interview with the well known Metropolitan Police society
Magazine, Hello, Hello, Hello, that he had owed much of his fortune to the wise
council of David Kuo.
One thing that I think that
is confusing the listeners (and particularly Sylvia) is the time difference between Sarawak
and Marylebone. When David comes on-air it is already well past lunchtime in
Sarawak so he has to gauge what stories have not yet reached the far-flung
shores of Blighty.
I have tried to phone Sylvia
to put this point to her but her mother said she was too busy to come to the
phone.
Will that be all, Sir?
From
Zoe Brown
I heard you
on the show today and have found the website. I have got completely lost
in it and am enjoying it so much I don't think I'll do any work today.
Perhaps we
could ask David how much time is wasted by the working population surfing sites
when they are supposed to be working - in my case it also means the Motley Fool
site which is his bread and butter I believe.
I will
definitely be part of the "David Watch" now as prior to Syliva's
fantastic telling off I had often thought the news stories sounded familiar and
then would remember halfway through the morning where I had heard them first.
keep up the
good work, this website is now on my favourites.
best wishes
Zoe Brown
From Rob Stephens
Good morning Colin,
I heard you on DB's breakfast
show this morning giving David Kuo a justifiable ribbing - well
done!
That prompted me to visit
your web site today, and whilst browsing I spotted the following error:
I listen to the show every
morning as I drive to work and whilst I find David very entertaining, I
also suspect his financial acumen. Earlier this year David was asked to
calculate the percentage increase in profit from £75m to £100m and he couldn't
answer. Alarmed, I sent a 'Listener's warning' to him. Following Sylvia's
observation, I thought to offer fare play between David and the listeners by
documenting his financial stories.
Should of course be fair
play!
Regards
Rob Stephens
Business Quality Controller
Barclays Financial Planning -
Customer Monitoring Unit (Kingshill)
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