Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (11013)	11/8/2001 10:56:24 PM
From: pezz	Read Replies (1) of 74559

<<What??? So, all those analysts DO, is that your point? >> I guess you haven't been paying attention Me: <Think about it.Why do ya think mutual fund performance is so dismal?......Do you really think you or I have access to more resources than they? > MY point was that with all the best research inna world [ They actually go visit these companies and look at the books ]they still can't get outa their own way. It would follow that the average Joe doesn't stand a chance using his/her limited fundamental research...... Altho there is no time table your results look good but mine are better 1/1/2001 to date, both on a percentage basis and actual dollar basis. But since I am a short term trader I have made hundreds of trades It isn't practical to post them here..... Yes WB beats most funds, so what! They use extensive fundamental research just like he does.He just happens to be better at it. My guess is that professional traders by and large do better that WB and the fundamental crowd that the vast majority of the street adhere to. <<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? >> I humbly suggest that you follow no one but carve your own path.......I did and believe me win or lose it's much more satisfying.

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