The Covered Calls for Dummies Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Covered Calls for Dummies Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Duchardt who wrote (2126)	8/19/2001 11:23:18 PM
From: Wyätt Gwyön	of 5205

hi Dan Duchardt, How would you have done if you were "smarter" then and followed the asset allocation you are using now? i certainly am better off now thanks to my past investing stupidity! but just because it paid to be stupid in the past doesn't mean it's still a smart idea to try to be dumb in the future. i figure the law of averages comes into play at some point, and i don't want the pointy end of the law to be stuck in my behind. LOL Some of us were smarter then and let the whole bubble grow in front of our eyes knowing it couldn't last, and not letting ourselves get caught up in the wave. Who is better off? As they say, sometimes it's better to be lucky than smart. in my SI profile under "Investment Experience", i say "Experience not as useful as luck." One thing I'm pretty sure of is there are going to be some companies and sectors that emerge from this some day, and then were going to be hearing everyone talk about how smart the people were who "buy when there's blood in the streets." i agree. but i don't think there's "blood in the streets" when so many tech stocks are still trading at historically high multiples of sales.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next