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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (152766)10/1/2008 10:57:01 AM
From: GraceZRead Replies (1) of 306849
 
last post on this topic, this thread wasn't established as a forum for theoretical debate on the merits of 'buy and hold' v. market timing



My post to you wasn't intended to convince you that buy and hold is superior or even that Buffet was a superior investor (which is sort of obvious anyway), it was just to correct your mistakes in regards to your original criticism of the statements that the market lost "x value equal to the bailout figure".

Your basic criticism was incorrect, the market is clearly not a zero sum game, it can't be. It is easy to prove this mathematically fairly easy, it doesn't require advanced theory or even an opinion on superior investment/trading strategies.

I don't know about you but if I'm going to go out on a limb and criticize a statement, I prefer that my criticism be as accurate as possible and not reveal a lack of understanding. Nobody expects women to be particularly knowledgeable about basic mathematical concepts so, I'm sure your position here is secure. Most people use concepts like zero sum incorrectly so you have a lot of company!

My mistake thinking that you'd take the opportunity to learn something, do some investigation.
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