SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Guidance and Visibility
AAPL 269.73+0.3%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Jo Ellen T1/2/2014 1:17:24 PM
  Read Replies (2) of 208838
 
<<Are All Traders Useless Morons?

Let’s face it: You suck at investing. Your adviser sucks at investing, too.

If you had picked the best stock to buy every day you could have turned $1,000 into $264 billion by mid December. That is a 26.4 billion percent return. Did you even get a 1 billion percent return? How about 1 million percent? 1000%? 100%? If you did not hit a 100% return then you did not get even 4/10 millionths of what was out there.

Translation: You suck at stock picking. People like Jack Bogle will use this type of data to tell you that you are wasting your time even trying and that you should just index your portfolio. Coincidentally he runs a few dollars in an index fund.
If you had a ‘good’ year, beating your benchmark, then congratulations. But move on and keep trying to get better, because you still suck.

Happy New Year. >>

bloomberg.com

Hope someone is still around here to read this.

Too Funny !

Jo Ellen

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext