SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (25369)11/12/2002 11:39:18 PM
From: pezz  Read Replies (3) of 74559
 
But the top experts in the field did expect LU to exceed general economic growth. The Mkt had little to do with LU's decline to a penny stock. The company is near bankrupt. That's my point the expectations of those who study companies for a living were wrong. Ya think you can do better?..One can always look at fundamentals but to believe that you can distinguish gambling from investment in this way may be tough to do. The potential for incorrect expectations (either way) is priced into the stock ( or the MKt ).This premium ( or discount ) is the spread or odds that we try to beat.....Just like any gambling .If it weren't gambling then anybody who wanted to make a reasonable ( whatever that is ) return on his or her money could do so....Yet, some do and some don't....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News