I don't understand this non-sense about the intelligence of the 'Net Investors'. I am a net investor - relatively long term, not a day trader. At a 90% return in 1998 and a 50% return so far this year, I am behind many other net investors, but way ahead of most anyone else.
The key thing about net investors is that they are not married to dogmatic strategies, that were most appropriate for the 1930's. They have enormous foresight. Most of the net investors I know are well versed in value strategies, world economics, political science, understand bonds, the inner working of Swiss banks, sociology, the mathematics of Game and Chaos theory, psychology, and are often gourmet chiefs in their spare time.
They tend to be poets, have their egos in check, though these egos are - appropriately - large. They are handsome, or beautiful; can bench twice their own weight; can completely re-build a Mercedes engine using only a paper clip and aluminum foil; and run a marathon in less than 3,5 hours wearing a 30 pound backpack.
In a pinch, many can re-program the operating system of their laptop computer, during a cross country plane flight, while flying that plane and simultaneously dictating the screen play for the next Hollywood blockbuster.
In a word, a net investor is everything that is good and sweet in this world, and the envy of everyone else.
Regards,
Tom |
