believe it was in an effort to lure Shane into a false dialogue on yahoo. It was a while ago, but I believe you may have taken part in that ruse as well. Two, Jock often dug deeply into people's past messages and threw them up in the face of the present, as if nothing is allowed to change in this market, including a person's opinion. A good trader/investor has to be flexible and needs to be able to change with the market somewhat without being intimidated by somebody keeping a scorecard on their every move
You are right again. My assistant and I just finsished going through thousands of posts to read some of Jock's messages. What an A**H****!!!!
However he did not lure Shane Forbes into claiming that he averaged a 1400% return on his microcap stocks during the three year period from 1997 to 2000, despite the fact that Shane primarily posted on the BORL, WDC, and LSI threads during this time period, and these stocks were terrible performers until 1999.
Nor did Jock lure Shane into claiming that he knew management at 75 companies.
Jock posted his primary trades on this thread, and when he went to Yahoo, he changed his tone to push pull at exactly the time he should have, which was when the tech market hit its peak.
Jock;s criticism of Shane was very right. Shane would publish every obscure article about LSI, and then disappear when the market went against the stock. And Shane attacked Jock with obscenities. Jock did not respond in kind.
But the most significant difference between Jock and Shane is surely the reason why Jock made a lot of money, and got out at the high of the market, and Shane either lost a lot of money or is STILL holding the bag.
Jock knew how to make fun of himself, and Jock knew how to admit he made mistakes. Jock also posted some very nice things about Shane even after their fight started, but Shane never responded in kind. Jock's great strength was that he had had a difficult life, and that he knew how to bounce back. Shane was a very bright person, but he was too much in love with his intelligence to be of any consequence.
Also, when I reviewed Jock's post, I did not realize that he had indicated to this thread that he was investing in real estate in Chicago's Uptown neighborhood, which is what he did with about half of his profits. Uptown was slum like neighborhood in early 2000. Guess what? In the past two years, land values have DOUBLED in Uptown. Investors have made a five hundred percent profit on their investment. He was brilliant, and I hope that I can pass on some of his character strength to our children. |
