<Oh come on ...you don't really believe that now do you ? They is ALL Crooks? Yeah right.>
I didn't say that... they maximize profits by how much money they get under management. ONE way to do that is track record, marketing however is the most important, and most expensive... and they use it. The rest is most certainly not arguable:
<then invest it in stocks REGARDLESS >
<Resources that I'm talkin about are hoards of annalists who spend 40 hrs a week studying the company and its prospects and are wrong more often than they are right...But with your limited resources you think that you can do better ...Good Luck!>
Yes, I've been doing better [see below], so do TONS of other people, including Warren B and many others. Wake up, incase you hadn't heard the index funds beat something like 75% [not sure what the current number is] of managers with all those anal-ists. Where have you been?
<Mind boggling ....Can you predict a 9/11 or an oil crisis or new competition in any given mkt? new products by competitors? etc.? ,etc.? I don't think so.>
What??? So, all those analysts DO, is that your point?
<<Oh what Bull! After the fact everybodys a genius.>>
Well, it's all chronicled over on CFZ...just go check out who showed up on the thread and when... and for this:
siliconinvestor.com
Chronicled here if you want to do the leg work, but doesn't include all the nice pooots I cashed out of this year... eh, eh, eh:
Subject 33643
<Warren buffet hasn't done so well lately now has he?...>
I don't know... beating the pants off only 80% of mutual funds with all those analysts this year??? Or is it 75%??? Go find out an let us know. We DO know he likes FEW stocks, if any. So is it PEZZ and the WALL ST. bulls, or Warren B and other folks with no ties to the marketing madness that I should follow? Easy choice. Once again, JMO.
DAK |