Hi V!
How are you doing?
I know you are an old timer. Can tell you that I enjoy reading your posts. I can bet a lot of people are listening to what you are saying. I am. Also have to say that as I see it most of the times what you predict comes out to be correct.
So I bet a lot of people become dependent on you. This is a dangerous thing. It always is when you become on somebody completely. It is not just with stocks. Everywhere in the life you can find the parallels. Even with spouses in the marriage it does hurt. Partners in the business also.
Etc, etc,etc. Children depending too much on parents it hurts. You can imagine how it could hurt when people are not even blood related. While you can forgive a parent or a child it is much more difficult to forgive a stranger. Specially when you got hurt real bad. Specially when it is your life savings that you accumulated for the rest of your life.
I do not know if you did say that, but I hope all that listen to you are adults. Also, they move around thousands of dollars. Sometimes maybe hundreds of thousands. I think you should time from time emphasize
(if you did, I apologize, I did not read everything you write, still maybe you should say it more explicitly ) that people even they do listen to your judgement still put their own money on the table. Nobody can be 100% right. Maybe God. All other people sometimes are right , sometimes are wrong. But some people are right more of the times than others. This is how the experience shows itself in all the fields, not just stock picking. I do beleive that you put money where your mouth is, so there nothing else for you to do.
This is similar to the civil engineer to stay under the bridge he has built first time the tran goes thru. You do. The problem maybe with people that
do not realize that if they put money in the market , it is possible they will loose it. And if the money they put in are the last money they have, most probably they do a wrong thing. Because while Mike Tyson being knocked down
will get up and continue fighting, not every one is capable to do that.
Anyway, have fun and best regards.
Gregory |
