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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Proud_Infidel who wrote (11879)2/11/2000 5:14:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
Brian: Thanks for the article. The author makes one fatal flaw in his thinking. He tells you to buy and hold and that trading is a losing game. He then advises on the purchase of mutual funds. I suggest he look at the turnover in some of those funds he recommends. I would betcha it is between 50% and 100% on many of those funds. So what he is really saying is to buy yourself a gunslinger and don't do it yourself. If he really believed in buy and hold, he would only have index funds on his list.
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