Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (79818)	4/18/2000 11:51:00 AM
From: Freedom Fighter	Read Replies (3) of 132070

Skeeter, >>i think mike's 90/10 system (bullish and/or bearish) makes sense, too.<< So do I, but I think it requires insights I don't have. I'm more of a long term investor. I buy stuff that's cheap. Those stocks often don't move for quite some time. I have almost no ability to forecast short term stock moves or even the next quarter's earnings relative to the consensus. I can't even figure out a fair value for the option other than use Black Scholes - and even that requires volatility inputs that could be viewed as subjective. I am a net loser on my options trades over the years, but occasionally still use them as a hedge to satisfy some gambling instincts and to feel more comfortable about being net very long in equities. Perhaps some day I will have the insights to make money but somehow I doubt it. :-( Wayne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next