John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (3552)	3/24/2001 1:25:05 PM
From: patron_anejo_por_favor	Read Replies (1) of 33421

A very eloquent and profoundly sad tale, John. If only these folks had put 1/10 of the effort into their investments as they had their business, the results might have been different. Her anger at the brokerages and the Bubble Media machine is quite understandable and justified, IMO. Market risks are ALWAYS downplayed by brokerages, consigned to the smallest possible print at the bottom of the page, and it's always worse during a mania. I agree that it's a classic example of a mismatch between investment risks assumed and the risk profile of the investor. This story should be required reading for anyone opening a new brokerage accout. Regards Patron

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