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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (1175)10/1/2003 1:54:14 PM
From: bozwood  Read Replies (1) of 110194
 
Just to get it out of the way, I generally like your posts and agree with them.

Now, which of my statements are farcical and naive? I wish you would be more specific.

"Most individuals in the business of "investing other people's money', are clerks at best, and sycophants at worse."

What evidence do you have of the above? And I am not looking for a list of returns that don't match the market either. How about some actual examples of sycophants (or worse)? How about an example of a money manager who is a clerk?

From the post that I criticized:

"They know that if they start unloading they will tank the market, and drive down the value of shares they still hold in their mutual funds or retirement accounts. "

Do you really believe the above happens, russwinter? You really think fund managers are thinking like this? If you do, you do not know what you are talking about either, at least in this area.
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