[Allan from Fallbrook]

What was truly ironic about the article and perhaps unintentionally so was the NAR’s attempts to distance themselves from Lereah after the market tanked.

They hired him (in the “healthy six figures”) to shill for them and he did so for YEARS. Then, suddenly things go south and their attitude is almost “we had no idea what he was up to for all that time”. Puh-leeze. How sad and especially with Lawrence Yun picking up right where Lereah left off.

OC: Do you think he fully discloses his past association with NAR to his subscribers? I would think that would nuke him right there, at least in terms of objectivity.

[Allan from Fallbrook]

peterb: No disagreement whatsoever. But the analysis component is key. I’ll take my chances as an accountant over a day trader any day of the week, especially since, as an investor, I’m not investing a significant portion of my portfolio in commodities.

I’m a big fan of Ben Graham’s and hew closely to his notion of spending the time and doing your homework (the analysis you mentioned). Yep, I agree that such a strategy isn’t foolproof, but over the long run it yields far better results for far longer than jumping from market to market and employing a strategy that is nothing more than thinly disguised gambling.

If I have to pick between Buffett (a devotee of Graham’s) and Jim Cramer, well, that’s an easy one.

[Allan from Fallbrook]

peterb: No disagreement whatsoever. But the analysis component is key. I’ll take my chances as an accountant over a day trader any day of the week, especially since, as an investor, I’m not investing a significant portion of my portfolio in commodities.

I’m a big fan of Ben Graham’s and hew closely to his notion of spending the time and doing your homework (the analysis you mentioned). Yep, I agree that such a strategy isn’t foolproof, but over the long run it yields far better results for far longer than jumping from market to market and employing a strategy that is nothing more than thinly disguised gambling.

If I have to pick between Buffett (a devotee of Graham’s) and Jim Cramer, well, that’s an easy one.

[Allan from Fallbrook]

peterb: No disagreement whatsoever. But the analysis component is key. I’ll take my chances as an accountant over a day trader any day of the week, especially since, as an investor, I’m not investing a significant portion of my portfolio in commodities.

I’m a big fan of Ben Graham’s and hew closely to his notion of spending the time and doing your homework (the analysis you mentioned). Yep, I agree that such a strategy isn’t foolproof, but over the long run it yields far better results for far longer than jumping from market to market and employing a strategy that is nothing more than thinly disguised gambling.

If I have to pick between Buffett (a devotee of Graham’s) and Jim Cramer, well, that’s an easy one.

[Allan from Fallbrook]

peterb: No disagreement whatsoever. But the analysis component is key. I’ll take my chances as an accountant over a day trader any day of the week, especially since, as an investor, I’m not investing a significant portion of my portfolio in commodities.

I’m a big fan of Ben Graham’s and hew closely to his notion of spending the time and doing your homework (the analysis you mentioned). Yep, I agree that such a strategy isn’t foolproof, but over the long run it yields far better results for far longer than jumping from market to market and employing a strategy that is nothing more than thinly disguised gambling.

If I have to pick between Buffett (a devotee of Graham’s) and Jim Cramer, well, that’s an easy one.

[Allan from Fallbrook]

peterb: No disagreement whatsoever. But the analysis component is key. I’ll take my chances as an accountant over a day trader any day of the week, especially since, as an investor, I’m not investing a significant portion of my portfolio in commodities.

I’m a big fan of Ben Graham’s and hew closely to his notion of spending the time and doing your homework (the analysis you mentioned). Yep, I agree that such a strategy isn’t foolproof, but over the long run it yields far better results for far longer than jumping from market to market and employing a strategy that is nothing more than thinly disguised gambling.

If I have to pick between Buffett (a devotee of Graham’s) and Jim Cramer, well, that’s an easy one.

[Allan from Fallbrook]

SDR/sdr: I have bought from Teamwork in San Marcos and they have excellent pricing, as well as excellent turnaround. I also use Riddell (for apparel as well as equipment) and ASA (All-Sports America) out of PA.

I would tell your friend that the single biggest issue (other than price) is service. Generally, service is terrible and largely because the big players (like Riddell and ASA) are deluged with orders during the various seasons and thus are slow to respond. We used Riddell during our last fall season for football jerseys and got hit with not only a five week delay (meaning we were handing out jerseys a few days before our first game), but the color matching on the jerseys was horrible. Lesson learned. Had I been using a local supplier, this would have never happened. Granted, I would have paid more but, in the long run, it would have been worth it.

I would recommend having him/her contact the various organizations at the league or conference level (Little League, AYSO, NJB, Pop Warner/AYF, etc) and have a discussion regarding pricing and service. These organizations are driven entirely by price generally, but service also counts, especially with those organizations that have been burned by the big national players (like Riddell) and all of them have.

[Allan from Fallbrook]

SDR/sdr: I have bought from Teamwork in San Marcos and they have excellent pricing, as well as excellent turnaround. I also use Riddell (for apparel as well as equipment) and ASA (All-Sports America) out of PA.

I would tell your friend that the single biggest issue (other than price) is service. Generally, service is terrible and largely because the big players (like Riddell and ASA) are deluged with orders during the various seasons and thus are slow to respond. We used Riddell during our last fall season for football jerseys and got hit with not only a five week delay (meaning we were handing out jerseys a few days before our first game), but the color matching on the jerseys was horrible. Lesson learned. Had I been using a local supplier, this would have never happened. Granted, I would have paid more but, in the long run, it would have been worth it.

I would recommend having him/her contact the various organizations at the league or conference level (Little League, AYSO, NJB, Pop Warner/AYF, etc) and have a discussion regarding pricing and service. These organizations are driven entirely by price generally, but service also counts, especially with those organizations that have been burned by the big national players (like Riddell) and all of them have.

[Allan from Fallbrook]

SDR/sdr: I have bought from Teamwork in San Marcos and they have excellent pricing, as well as excellent turnaround. I also use Riddell (for apparel as well as equipment) and ASA (All-Sports America) out of PA.

I would tell your friend that the single biggest issue (other than price) is service. Generally, service is terrible and largely because the big players (like Riddell and ASA) are deluged with orders during the various seasons and thus are slow to respond. We used Riddell during our last fall season for football jerseys and got hit with not only a five week delay (meaning we were handing out jerseys a few days before our first game), but the color matching on the jerseys was horrible. Lesson learned. Had I been using a local supplier, this would have never happened. Granted, I would have paid more but, in the long run, it would have been worth it.

I would recommend having him/her contact the various organizations at the league or conference level (Little League, AYSO, NJB, Pop Warner/AYF, etc) and have a discussion regarding pricing and service. These organizations are driven entirely by price generally, but service also counts, especially with those organizations that have been burned by the big national players (like Riddell) and all of them have.

[Allan from Fallbrook]

SDR/sdr: I have bought from Teamwork in San Marcos and they have excellent pricing, as well as excellent turnaround. I also use Riddell (for apparel as well as equipment) and ASA (All-Sports America) out of PA.

I would tell your friend that the single biggest issue (other than price) is service. Generally, service is terrible and largely because the big players (like Riddell and ASA) are deluged with orders during the various seasons and thus are slow to respond. We used Riddell during our last fall season for football jerseys and got hit with not only a five week delay (meaning we were handing out jerseys a few days before our first game), but the color matching on the jerseys was horrible. Lesson learned. Had I been using a local supplier, this would have never happened. Granted, I would have paid more but, in the long run, it would have been worth it.

I would recommend having him/her contact the various organizations at the league or conference level (Little League, AYSO, NJB, Pop Warner/AYF, etc) and have a discussion regarding pricing and service. These organizations are driven entirely by price generally, but service also counts, especially with those organizations that have been burned by the big national players (like Riddell) and all of them have.

[Allan from Fallbrook]

SDR/sdr: I have bought from Teamwork in San Marcos and they have excellent pricing, as well as excellent turnaround. I also use Riddell (for apparel as well as equipment) and ASA (All-Sports America) out of PA.

I would tell your friend that the single biggest issue (other than price) is service. Generally, service is terrible and largely because the big players (like Riddell and ASA) are deluged with orders during the various seasons and thus are slow to respond. We used Riddell during our last fall season for football jerseys and got hit with not only a five week delay (meaning we were handing out jerseys a few days before our first game), but the color matching on the jerseys was horrible. Lesson learned. Had I been using a local supplier, this would have never happened. Granted, I would have paid more but, in the long run, it would have been worth it.

I would recommend having him/her contact the various organizations at the league or conference level (Little League, AYSO, NJB, Pop Warner/AYF, etc) and have a discussion regarding pricing and service. These organizations are driven entirely by price generally, but service also counts, especially with those organizations that have been burned by the big national players (like Riddell) and all of them have.

[Allan from Fallbrook]

stockstradr: You make my point for me. There’s a massive difference between trading and investing. Your post is akin to an engineer (day job) who is also a high stakes gambler. He’s enjoyed some success at it and debates the merits of chucking the day job in favor of gambling, or at least weighs his gambling winnings against what he makes in his day job.

Gambling is not investing and trading is not investing. Investing involves far more than playing trades. And it involves far more than reading financial media. The amount of contradictory advice found there is stupefying and the little of value that is conveyed is not enough to build a coherent, long-term strategy on.

I remember folks touting their “investments” during the dot.bomb and RE runup as well. There were some definite “geniuses” then, too.

Value based investors are the financial equivalent of distance runners, not sprinters. When you learn how to read a financial statement, and know how to track cash, do variance reporting and generally separate the flyshit from the pepper, you’ll be an investor.

Until then, you’ll be what a buddy of mine in institutional investing calls a “squirrel”: Running around from nut to nut in the forest and not realizing that the predators in the forest really control the game.

[Allan from Fallbrook]

stockstradr: You make my point for me. There’s a massive difference between trading and investing. Your post is akin to an engineer (day job) who is also a high stakes gambler. He’s enjoyed some success at it and debates the merits of chucking the day job in favor of gambling, or at least weighs his gambling winnings against what he makes in his day job.

Gambling is not investing and trading is not investing. Investing involves far more than playing trades. And it involves far more than reading financial media. The amount of contradictory advice found there is stupefying and the little of value that is conveyed is not enough to build a coherent, long-term strategy on.

I remember folks touting their “investments” during the dot.bomb and RE runup as well. There were some definite “geniuses” then, too.

Value based investors are the financial equivalent of distance runners, not sprinters. When you learn how to read a financial statement, and know how to track cash, do variance reporting and generally separate the flyshit from the pepper, you’ll be an investor.

Until then, you’ll be what a buddy of mine in institutional investing calls a “squirrel”: Running around from nut to nut in the forest and not realizing that the predators in the forest really control the game.

[Allan from Fallbrook]

stockstradr: You make my point for me. There’s a massive difference between trading and investing. Your post is akin to an engineer (day job) who is also a high stakes gambler. He’s enjoyed some success at it and debates the merits of chucking the day job in favor of gambling, or at least weighs his gambling winnings against what he makes in his day job.

Gambling is not investing and trading is not investing. Investing involves far more than playing trades. And it involves far more than reading financial media. The amount of contradictory advice found there is stupefying and the little of value that is conveyed is not enough to build a coherent, long-term strategy on.

I remember folks touting their “investments” during the dot.bomb and RE runup as well. There were some definite “geniuses” then, too.

Value based investors are the financial equivalent of distance runners, not sprinters. When you learn how to read a financial statement, and know how to track cash, do variance reporting and generally separate the flyshit from the pepper, you’ll be an investor.

Until then, you’ll be what a buddy of mine in institutional investing calls a “squirrel”: Running around from nut to nut in the forest and not realizing that the predators in the forest really control the game.

[Allan from Fallbrook]

stockstradr: You make my point for me. There’s a massive difference between trading and investing. Your post is akin to an engineer (day job) who is also a high stakes gambler. He’s enjoyed some success at it and debates the merits of chucking the day job in favor of gambling, or at least weighs his gambling winnings against what he makes in his day job.

Gambling is not investing and trading is not investing. Investing involves far more than playing trades. And it involves far more than reading financial media. The amount of contradictory advice found there is stupefying and the little of value that is conveyed is not enough to build a coherent, long-term strategy on.

I remember folks touting their “investments” during the dot.bomb and RE runup as well. There were some definite “geniuses” then, too.

Value based investors are the financial equivalent of distance runners, not sprinters. When you learn how to read a financial statement, and know how to track cash, do variance reporting and generally separate the flyshit from the pepper, you’ll be an investor.

Until then, you’ll be what a buddy of mine in institutional investing calls a “squirrel”: Running around from nut to nut in the forest and not realizing that the predators in the forest really control the game.

[Author]

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