GLOSSARY DICTIONARY FAQ for TECHNICAL TERMS Message Board

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Pastimes : GLOSSARY DICTIONARY FAQ for TECHNICAL TERMS

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To: Don Pueblo who wrote (82)	1/18/1999 11:10:00 AM
From: Don Pueblo	Read Replies (2) of 136

Picking a Winning Stock: There a two kinds of people that pick winning stocks. One is smart and one is lucky. I don't believe in luck, I believe in smart. There are three kinds of people that trade stocks; 1) Smart people that do their homework and choose their stocks. 2) Smart people that do not do their homework and choose their stocks. 3) Everyone else. Here is how the game works: the Smart People take Everyone Else's money away. Then the Smart People that did their homework take the money away from the Smart People that did not. Sometimes this takes months, depending on how much money the losers have to give. The Very Lucky people also make money. So if you are not Very Lucky, the easiest thing to do if you want someone else to pick your stocks is to: A) send me your money and I will just spend it and you will not feel any mental anguish. (For this, I will send you a free certificate that proves you are a Great Stock Picker with a little clause at the bottom that says it was not your fault you lost all your money.) B) get a mutual fund.

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