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Strategies & Market Trends : Value Investing
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To: Mr.Gogo who wrote (39988)11/10/2010 11:43:08 AM
From: Paul Senior  Read Replies (1) of 78670
 
OT: Doc Gogo: I keep espousing that doctors generally make lousy stock investors --too trusting, too sure of themselves, so successful in their lives and what they've accomplished. They assume with superior intellect and application they'll obviously be successful in the stock market as well. How hard can it be after all compared to going through med school?
(Investing is different and very challenging, imo.)

It seems I keep getting proved wrong in my opinion though by the market success of the doctors who are, or have been (Dr. Burry), on this thread.

I believe I'm with "Intelligent Investing" on this. To get okay results as a "defensive" investor, that's one thing. To do better than the market over a long period of time (decades, if not a lifetime) as an "enterprising" investor, that's a more difficult achievement for anyone.

All just my opinion of course. (Wrong though it may be)
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