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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done?
VTI 340.57-0.5%Jan 30 4:00 PM EST

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To: Kirk © who wrote (46)1/16/2009 7:48:28 PM
From: octavian  Read Replies (1) of 3605
 
kirk asked:

<<Were all the professional hedge fund managers, movie stars and regular people from his synagogue who gave some to ALL their money to Madoff wrong because they trusted Madoff's reported returns?>>

--Of course they were wrong. Madoff's returns were in the "too good to be true" category.

Even Bill Flanagan (who isn't the swiftest of the gurus, IMO) said he was invited into the Madoff scheme, investigated it, and passed. Maybe honeybee can provide his exact words.

The key is not letting greed overcome your brain.
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