I feel much better now. Being a dim-witted psuedo-investor is
definitely a step up from being a mindless dick, or even a
dumb ass.
Since I have invested real dollars in the stock market, and
not Monopoly money, I suppose that "psuedo-investor" means
that I'm am amateur, as opposed to a professional. Just a
wanna-be investor throwing my money cluelessly into the market,
unlike the experienced professional investors who expertly
analyze the world financial markets, a company's balance
sheet, and who utilize the myriad opportunities of hedging,
shorting, buying and putting options, derivatives, etc. to
turn the market to their advantage... and somehow still
regularly manage to lose a few billion in currency trading
or overlook an impending collapse, requiring a bail-out.
But here I am, money in hand, jumping up and down wanting to
be a real investor when I grow up, wanting to play with the
big boys, the professionals.
Well, actually, sarcasm aside for the moment, yeah, I am
an amateur. I've made some bad investments along the way,
and some good ones. Altogether, I would have done better to
have put that money in a good mutual fund over the last 10
years. This is 20-20 hindsight. In any case, I wanted to
and still want to make my own decisions with regard to
which stocks to invest in, rather than leaving everything
to the pros. That's the reason this web site exists, as
is stated in the "mission statement" on the welcome page.
One thing is clear - just like in Vegas, the house always
has an edge, the house in this case being the market makers,
professional stock brokers, the traders on the exchanges,
and even the officers of individual companies. This adds an
extra challenge for the amateurs, which they accept.
But I have heeded the advice of professionals and stayed away
from the more risky types of investing, such as shorting and
buying and selling options and buying on the margin. I just buy
and sell stocks with the money that I actually have.
Just beginners luck, I guess, that my investment in BROD,
which was at 17, was turned for me into 0.8 TLC which at
a current price of 25 equates to 25 x 0.8 = 20, or a gain
of about 17% if I bail now (considering only the effect of
TLC, not what I paid for the BROD which is unrelated to TLC).
Whereas a professional like you has done... what? Nobody
really knows. But since you are laughing all the way, like
in Jingle Bells, you must have made a huge profit, so that
you can only have pity on the rest of us with our small
profits. |
