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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (35241)6/21/2003 2:04:56 AM
From: Raymond Duray  Read Replies (1) of 74559
 
ep,

Thanks for the idea. I do enjoy Rukeyser's quick wit and opening monologues. I stopped watching him seriously several years ago when I discovered that his guest's prognostications and fortune-telling were darn good contrary indicators. A living could be made fading Rukeyser.

As far as men like Templeton are concerned, I was a Templeton mutual fund investor a couple decades ago. What I discovered was that as Templeton was getting damn rich off running my money, I was getting a trifling rate of return. His religious sanctimoniousness finally turned me off completely. Templeton is a perfect hypocrite, and a wily conman/salesman, creating a lovely mythology about himself. Once I discovered John Bogle of Vanguard to be a much more honest man, I never looked back.

Peter Lynch? If I tried what he got away with at Fidelity I would be indicted for insider trading. <g>
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