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Pastimes : Home on the range where the buffalo roam

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To: Brandon who wrote (12237)4/3/2001 10:31:21 PM
From: DlphcOracl  Read Replies (1) of 13572
 
Brandon: I am STILL amazed at the number of ANAL-ysts who are paraded before the cameras at CNBC and CNNfn telling Ma and Pa Investor to just "hold on" and "invest for the long term". Ironically, the only "analyst" who "got it right" was (appropriately) not an analyst -- he was Marc Cuban, the internet high-flyer who sold his company to Yahoo. He was guest host last Friday AM with Mark Haynes on CNBC. When asked what he was investing in, his response was (in effect): "Are you kidding? I'm 100% cash." He elaborated that there are no stocks to own in a bear market and he was most concerned about preserving his capital.
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