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Strategies & Market Trends : Turnarund Investing

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Aug 1 5:00 PM EST

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To: Good Fundamentals who wrote (289)	4/11/2012 11:06:53 AM
From: turnaround_seeker	1 Recommendation of 1876

Re: "I don't think the average investor uses a broker - I think the average investor uses mutual funds or stocks they inherited and actually knows very little about investing." You may be right about that GF, and the fact that so many invested $$$ are in 401K's and other retirement plans managed by others says that the "average" investor really doens't have a clue. I guess this is the reason why the likes of Ralph Kidd (owner of Investor Village) and Gretchen Morgenson of the NY Times are so easily DUPED into believing a preditor miscreants story. These people aren't stupid, but they don't get it either. Why they don't see the obvious conflict of interest these predator miscreants have is beyond my comprehension. The only other explanation is that they're part of the problem meaning they're on the take which wouldn't be the first time this has happened in our financial markets. Oh well...back to some real work. Rich aka Rooky

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