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scaredyclassic.
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February 20, 2009 at 7:29 PM #351194February 20, 2009 at 10:42 PM #351383
scaredyclassic
Participantthe advice to do your homework is bad advice. ther eis nothing you can learn that would have any predictvie value. not because youre dumb, but because the marketplace is fairly efficient. you cannot outsmart it and make money, because any bits of informationyou might gather pales in comparson to the information gatehred digested and acted upon by all of the investors in the marketplace in arriving at the price of a stock, like citibank. if you coul “do your homework” and somehow be smarter than everyone else, you would, in short, be a freaking miracle! now, homework might make you feel better ina placebo type way about things, and if the general trend is upa nd buying and holding work, then homework is good in that limited sense. but you’d do as well throwing darts at the stock page of the wall st j as you would “doing your homework” the chimps throwing darts do betetr than mutual fund manager in most tests.
the best read on investing on the internet is in http://www.dailyreckoning.com, in my opinion.
dont waste your time reading sec disclosure docs. read dailyreckoning. keep your money in cash till you find something you believe in.
i got the 2nd highest grade in securities regulation at my fancy law school, but my personal investment record is not overwhelming. however, i’ve never lost money ina igven year. however, i havent made much either. i am scaredycat.
never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
i stand by gold. but not for you yet; you have to find your own way.
February 20, 2009 at 10:42 PM #351482scaredyclassic
Participantthe advice to do your homework is bad advice. ther eis nothing you can learn that would have any predictvie value. not because youre dumb, but because the marketplace is fairly efficient. you cannot outsmart it and make money, because any bits of informationyou might gather pales in comparson to the information gatehred digested and acted upon by all of the investors in the marketplace in arriving at the price of a stock, like citibank. if you coul “do your homework” and somehow be smarter than everyone else, you would, in short, be a freaking miracle! now, homework might make you feel better ina placebo type way about things, and if the general trend is upa nd buying and holding work, then homework is good in that limited sense. but you’d do as well throwing darts at the stock page of the wall st j as you would “doing your homework” the chimps throwing darts do betetr than mutual fund manager in most tests.
the best read on investing on the internet is in http://www.dailyreckoning.com, in my opinion.
dont waste your time reading sec disclosure docs. read dailyreckoning. keep your money in cash till you find something you believe in.
i got the 2nd highest grade in securities regulation at my fancy law school, but my personal investment record is not overwhelming. however, i’ve never lost money ina igven year. however, i havent made much either. i am scaredycat.
never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
i stand by gold. but not for you yet; you have to find your own way.
February 20, 2009 at 10:42 PM #351350scaredyclassic
Participantthe advice to do your homework is bad advice. ther eis nothing you can learn that would have any predictvie value. not because youre dumb, but because the marketplace is fairly efficient. you cannot outsmart it and make money, because any bits of informationyou might gather pales in comparson to the information gatehred digested and acted upon by all of the investors in the marketplace in arriving at the price of a stock, like citibank. if you coul “do your homework” and somehow be smarter than everyone else, you would, in short, be a freaking miracle! now, homework might make you feel better ina placebo type way about things, and if the general trend is upa nd buying and holding work, then homework is good in that limited sense. but you’d do as well throwing darts at the stock page of the wall st j as you would “doing your homework” the chimps throwing darts do betetr than mutual fund manager in most tests.
the best read on investing on the internet is in http://www.dailyreckoning.com, in my opinion.
dont waste your time reading sec disclosure docs. read dailyreckoning. keep your money in cash till you find something you believe in.
i got the 2nd highest grade in securities regulation at my fancy law school, but my personal investment record is not overwhelming. however, i’ve never lost money ina igven year. however, i havent made much either. i am scaredycat.
never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
i stand by gold. but not for you yet; you have to find your own way.
February 20, 2009 at 10:42 PM #351224scaredyclassic
Participantthe advice to do your homework is bad advice. ther eis nothing you can learn that would have any predictvie value. not because youre dumb, but because the marketplace is fairly efficient. you cannot outsmart it and make money, because any bits of informationyou might gather pales in comparson to the information gatehred digested and acted upon by all of the investors in the marketplace in arriving at the price of a stock, like citibank. if you coul “do your homework” and somehow be smarter than everyone else, you would, in short, be a freaking miracle! now, homework might make you feel better ina placebo type way about things, and if the general trend is upa nd buying and holding work, then homework is good in that limited sense. but you’d do as well throwing darts at the stock page of the wall st j as you would “doing your homework” the chimps throwing darts do betetr than mutual fund manager in most tests.
the best read on investing on the internet is in http://www.dailyreckoning.com, in my opinion.
dont waste your time reading sec disclosure docs. read dailyreckoning. keep your money in cash till you find something you believe in.
i got the 2nd highest grade in securities regulation at my fancy law school, but my personal investment record is not overwhelming. however, i’ve never lost money ina igven year. however, i havent made much either. i am scaredycat.
never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
i stand by gold. but not for you yet; you have to find your own way.
February 20, 2009 at 10:42 PM #350911scaredyclassic
Participantthe advice to do your homework is bad advice. ther eis nothing you can learn that would have any predictvie value. not because youre dumb, but because the marketplace is fairly efficient. you cannot outsmart it and make money, because any bits of informationyou might gather pales in comparson to the information gatehred digested and acted upon by all of the investors in the marketplace in arriving at the price of a stock, like citibank. if you coul “do your homework” and somehow be smarter than everyone else, you would, in short, be a freaking miracle! now, homework might make you feel better ina placebo type way about things, and if the general trend is upa nd buying and holding work, then homework is good in that limited sense. but you’d do as well throwing darts at the stock page of the wall st j as you would “doing your homework” the chimps throwing darts do betetr than mutual fund manager in most tests.
the best read on investing on the internet is in http://www.dailyreckoning.com, in my opinion.
dont waste your time reading sec disclosure docs. read dailyreckoning. keep your money in cash till you find something you believe in.
i got the 2nd highest grade in securities regulation at my fancy law school, but my personal investment record is not overwhelming. however, i’ve never lost money ina igven year. however, i havent made much either. i am scaredycat.
never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
i stand by gold. but not for you yet; you have to find your own way.
February 20, 2009 at 10:51 PM #351380Anonymous
GuestI wanted to give you credit and listen to the other side of your argument/ debate, but I noticed you are giving financial advice to someone by making clearly ignorant remarks that “do your homework” is bad advice. That’s a statement from someone who “got the 2nd highest grade in securities regulation at my fancy law school”, and who has never lost money in a given year? So you have made money this year or just not invested? Not investing is losing money. If you are a proclaimed scaredy cat, why are you even giving investment advice by downplaying everyone else’s advice? Inflation…heard of it?
It’s really hard to take investment advice from someone who skipped 4th grade grammar. Sentences start with capital letters. I guess we know who wasn’t top 10% of their “fancy law school”.
– RD
February 20, 2009 at 10:51 PM #351254Anonymous
GuestI wanted to give you credit and listen to the other side of your argument/ debate, but I noticed you are giving financial advice to someone by making clearly ignorant remarks that “do your homework” is bad advice. That’s a statement from someone who “got the 2nd highest grade in securities regulation at my fancy law school”, and who has never lost money in a given year? So you have made money this year or just not invested? Not investing is losing money. If you are a proclaimed scaredy cat, why are you even giving investment advice by downplaying everyone else’s advice? Inflation…heard of it?
It’s really hard to take investment advice from someone who skipped 4th grade grammar. Sentences start with capital letters. I guess we know who wasn’t top 10% of their “fancy law school”.
– RD
February 20, 2009 at 10:51 PM #351413Anonymous
GuestI wanted to give you credit and listen to the other side of your argument/ debate, but I noticed you are giving financial advice to someone by making clearly ignorant remarks that “do your homework” is bad advice. That’s a statement from someone who “got the 2nd highest grade in securities regulation at my fancy law school”, and who has never lost money in a given year? So you have made money this year or just not invested? Not investing is losing money. If you are a proclaimed scaredy cat, why are you even giving investment advice by downplaying everyone else’s advice? Inflation…heard of it?
It’s really hard to take investment advice from someone who skipped 4th grade grammar. Sentences start with capital letters. I guess we know who wasn’t top 10% of their “fancy law school”.
– RD
February 20, 2009 at 10:51 PM #351512Anonymous
GuestI wanted to give you credit and listen to the other side of your argument/ debate, but I noticed you are giving financial advice to someone by making clearly ignorant remarks that “do your homework” is bad advice. That’s a statement from someone who “got the 2nd highest grade in securities regulation at my fancy law school”, and who has never lost money in a given year? So you have made money this year or just not invested? Not investing is losing money. If you are a proclaimed scaredy cat, why are you even giving investment advice by downplaying everyone else’s advice? Inflation…heard of it?
It’s really hard to take investment advice from someone who skipped 4th grade grammar. Sentences start with capital letters. I guess we know who wasn’t top 10% of their “fancy law school”.
– RD
February 20, 2009 at 10:51 PM #350941Anonymous
GuestI wanted to give you credit and listen to the other side of your argument/ debate, but I noticed you are giving financial advice to someone by making clearly ignorant remarks that “do your homework” is bad advice. That’s a statement from someone who “got the 2nd highest grade in securities regulation at my fancy law school”, and who has never lost money in a given year? So you have made money this year or just not invested? Not investing is losing money. If you are a proclaimed scaredy cat, why are you even giving investment advice by downplaying everyone else’s advice? Inflation…heard of it?
It’s really hard to take investment advice from someone who skipped 4th grade grammar. Sentences start with capital letters. I guess we know who wasn’t top 10% of their “fancy law school”.
– RD
February 21, 2009 at 7:47 AM #351539Anonymous
Guest[quote=scaredycat][…] never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
[/quote]I second the words of caution regarding Jim Cramer and other investment “celebrities.” With all these characters, the inevitable question is this: “If he is so good at stock-picking, why does he need to make his money with a TV show.”
Here’s some information about his performance record:
http://consumerist.com/5116676/jim-cramers-advice-slightly-worse-than-a-coin-toss
February 21, 2009 at 7:47 AM #351637Anonymous
Guest[quote=scaredycat][…] never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
[/quote]I second the words of caution regarding Jim Cramer and other investment “celebrities.” With all these characters, the inevitable question is this: “If he is so good at stock-picking, why does he need to make his money with a TV show.”
Here’s some information about his performance record:
http://consumerist.com/5116676/jim-cramers-advice-slightly-worse-than-a-coin-toss
February 21, 2009 at 7:47 AM #351066Anonymous
Guest[quote=scaredycat][…] never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
[/quote]I second the words of caution regarding Jim Cramer and other investment “celebrities.” With all these characters, the inevitable question is this: “If he is so good at stock-picking, why does he need to make his money with a TV show.”
Here’s some information about his performance record:
http://consumerist.com/5116676/jim-cramers-advice-slightly-worse-than-a-coin-toss
February 21, 2009 at 7:47 AM #351505Anonymous
Guest[quote=scaredycat][…] never listen to anything cramer has to say; he’s nuts, or an idiot, or just an entertainer, but should be completely ignored.
[/quote]I second the words of caution regarding Jim Cramer and other investment “celebrities.” With all these characters, the inevitable question is this: “If he is so good at stock-picking, why does he need to make his money with a TV show.”
Here’s some information about his performance record:
http://consumerist.com/5116676/jim-cramers-advice-slightly-worse-than-a-coin-toss
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