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Technology Stocks : THE I HATE HENRY BLODGETT BOARD

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To: rosebud who started this subject2/10/2001 4:34:39 PM
From: TheStockStalker   of 1
 
Why do people listen to this idiot.

Because it is human nature to look for someone to tell you what
you should do. It also provides people with an excuse (place to
blame someone) when they lose. And if some retail investor
does get lucky and makes money on an analyst pick then the
investor gets his ego stroked by their friends for how well they
did their own research and made their own decisions. It is
a psychological win/win situation but not good for the account
of the sheep that followed. That is why I prefer being a trader
instead of an investor and accept responsibility for all that I
make and sometimes lose.

PDT

PS. never heard of him (H.B)
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