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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Herbert W. Landon who wrote (7141)7/25/1999 11:35:00 AM
From: Digger Sacket  Read Replies (1) of 15132
 
I agree. The bottom line is his advice to stay 100% invested. To paraphrase our guru: "It's what the Fed does, not what they say."
It is insightful that even with record high valuations, P/E's, complacency etc he has to chosen to remain 100% invested.
That's the bottom line. If the market tanks while being 100% invested, "bragging" about ignoring the warning signs will sound pretty hollow.

Digger
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