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Non-Tech : Auric Goldfinger's Short List
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To: Don Pueblo who wrote (8690)12/10/2001 3:37:41 PM
From: Sir Auric Goldfinger  Read Replies (3) of 19428
 
Thanks that is truly a classic! I particularly like: "The dumb investor sees all this and becomes defensive, vowing never to let the short sellers "win" by personally buying as much stock as they can afford -- usually hopelessly destroying any semblance of portfolio diversification. They become obsessed with the stock and eventually fall in love with it."

& of course it goes w/o saying, but: "The key here is to recognize short sellers aren't dumb. When you dislike them very much, that is a hard step to make. Intelligent investors can make that step. Dumb investors cannot. We would encourage readers to not be dumb."
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