Just to clarify…I was being sarcastic when I suggested comparing 6 month returns. Comparing 6 month returns clearly does not tell you anything. I beat Berkshire Hathaway over the last 6 months. Am I the next Warren Buffet? Nope. Luckily, I don’t need to be. He’ll sell me stock in Berkshire anytime I’m interested.
My argument is that Rich should keep the forum open since learning how to apply all 4 skills across a wide variety of markets takes many years of applied to master and has nothing to do with one’s level of education.
I’m not trying to take credit away from anyone. Those of you who effortlessly apply the 4 points know their importance and likely have the hard fought wins and losses to prove they’ve mastered them.
I agree with you that people are not likely opening E-trade accounts to run afer the timber sector based on what they read in Piggington (though it is likely decent advice). However, my hunch is that there are people out there heavier in cash than your average successful investor after listening to the very compelling arguments of some of the more bearish folks on Piggington.
