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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains)

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To: RavBruce who wrote (125)	3/27/1998 12:38:00 AM
From: Chuzzlewit	Read Replies (1) of 135

Bruce, thanks for the kind words. I suppose a lot has to do with one's basic mindset. I'm not a speculator -- I'm an investor. I think the difference is that a speculator views the market as a zero-sum game with winners and losers, while an investor believes he reaps the rewards of the profits generated by his holdings. The funny thing is that with the latter point of view you don't need to be excessively concerned the minutia of valuation (dicey in any event) or the arcana of technical analysis (akin to astrology to my way of thinking). I am content to let a good business grow and flower. Regards, Paul

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