Picks of the quarter Message Board

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Strategies & Market Trends : Picks of the quarter

ATHR 5.840

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Dec 26 9:30 AM EST

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To: Taro who wrote (440)	2/20/2006 10:52:17 PM
From: Mike McFarland	Read Replies (1) of 20435

"As a serious investor, you must learn how to separate the wheat from the chaff" I don't think that is true. "Serious Investors" ought not subscribe to anything and ought not spend any time "sorting". Sorting and goofing is mucking with the porn! Even SI is part of the financial porno industry--but it is civilized for the most part, with very few nasty bits. The average fellow (all you serious investors out there) should simply underconsume, exercise a little frugalitas, and pay off debts. Then, maybe fart around with some stocks with excess cash. And expect to screw it up. I just love "serious investor". A hundred million "investors" out there. I don't think I have "invested" in anything in twenty years of goofing around in the markets. It isn't investing--no company is using the cash I put on their stock symbol. Sheesh. When my wife and I started averaging into a mutual fund years ago--we did it because it had a good chance of paying better than passbook savings. And it did (even as it lagged far behind index funds) but we never called ourselves "investors".

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