Bolling on Bolling (the Admiral)

Thursday, September 06, 2007 | 10:21 AM

Last week, we noted that Eric Bolling -- the Admiral -- had bolted CNBC's Fast Money for Fox

Eric reached out to me to correct some of the commentary at that post. In fairness to him, I offered TBP as a forum for him to tell his side of the story.

In his own words, Eric Bolling:

"I want to thank you for giving me a minute to explain what has been going on. It was announced that I left CNBC during Fast Money tonight (9/4/7).

I wanted you and your viewers (web, tv, print) to know that I left primarily because of the amount of time the show was taking from my family. From the first eye-opener, very early in the shows development, a viewer emailed me saying that he bought ICE stock. I then realized the awesome magnitude of responsibility I was taking on. EVERY recommendation (aside from the producer elicited segments) I made was done with an enormous sense of responsibility. I spent literally hours upon hours researching, prepping and brainstorming for each show. I hate to be wrong- I am driven by the fact that some people are trading on my thoughts- some trades are winners and some are losers. I know, that's the nature of the game but I want everyone watching to win (if you aren't watching, you're on your own).

In hindsight, I look upon the 2 years I spent at CNBC proudly. I had the opportunity to meet CEO's, journalists and analysts. I was able to ask them tough questions and learn from them. I hope that I, in turn, gave viewers some insight into the psychology of trading- help traders get a sense of when to hold 'em, when to fold 'em...

I have no solid plan for the future except to try to spend more time with my son and wife.... the rest will fall into place. I will continue to correspond with most of the awesome people I met on this "wild ride"....Ritholtz, Cramer, Greenberg, Kass, et. al.

Eric Bolling, Admiral (ret.) . . . for now.

Thanks, Eric. Good luck in the future . . . 


Thursday, September 06, 2007 | 10:21 AM | Permalink | Comments (62) | TrackBack (1) add to | digg digg this! | technorati add to technorati | email email this post



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» Eric Bolling On Why He Left Fast Money from Specious Argument
Eric Bolling commented on his departure over at Barry Ritholtz's The Big Picture: Bolling on Bolling. As I stated in a prior post, I thought Bolling was the strongest panelist of the group and had the most respect for him.... [Read More]

Tracked on Sep 6, 2007 4:28:09 PM


We miss you Eric, but I'm happy for you...
that you chose your wife and son over us.
Life is too short...
You always give us sound investment advice
and we will be watching for you on fox:-)

Posted by: R. O'Connor | Sep 6, 2007 10:37:53 AM

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