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Pastimes : SI's Greatest Whiners

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To: Jane4IceCream who wrote (14)2/27/2002 8:08:31 AM
From: Paul A   of 16
 
You would think people would have looked at Enron and said wait- a 65bill company? belly up? fraud? fake trading room? gee.. maybe long term investing is going to require a little hands on in the future..

and you know what- thats what its really about.. Laziness I believe.. Most people just want to buy IBM, MSFT, INTC and just ignore it until they need that 20% return compounded over 20 years- yeah right! : )

People simply have no understanding of where they put their money nor do they care.. Very weird money is.. alot of ego mixed in there too..

of course you have the flip side of that.. folks like me who spent 2-3 years trading in and out and losing all their money in the process hehehe.. I took some big lumps ill tell you that much- but it was worth it..
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