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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (28016)1/3/2001 9:28:54 AM
From: Jill  Read Replies (2) of 65232
 
It especially makes me wince because I know all the offline time RR and Voltaire gave Jim. Huge amounts of time.

I really know very few successful investors who didn't go through a testing period at some time in their life, before they gained a realistic view on the market and its vagaries. By that I mean, EVERYBODY I respect has at some point lost their shirt. But they learned from it.

Teresa Lo...for instance...who retired at 33...says she blew out her account 3 times (probably in her early 20s) before she got it. RR says that has happened to him. I remember edamo once telling me it happened when he was very young.

The fed overdid it. They've done so in the past. They may have created a recession, we'll see. Many people are very upset, myself included. It's no fun. But I just don't understand the overt or covert blaming of other investors who state what they're doing or how they view the market. Opinions are all over SI, that's what its about. We each choose which ones to read.
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