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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Ilaine who wrote (47432)6/16/1999 10:55:00 AM
From: re3  Read Replies (1) of 86076
 
coby, one thing i decided is i don't like to 'bet' on any one person running a company because they are 'good'...i prefer a franchise to a person, i.e. disney may be forever, but Mr E seems overpaid to me...

i think the market is still gambling and ultimately, very tough to beat...if most mutual funds cannot beat the s and p, can us amateurs really be winning ?

a buddy of mine bought cpq @ 50...he says he will hold, as its for his 'retirement'... i told him that's when he'll just see his 50 back, in 25 yrs when he retires...
now he knows why i call his broker painLESS weber

ike

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