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To: pater tenebrarum who wrote (30103)4/28/2000 2:06:00 PM
From: BGR  Read Replies (1) | Respond to of 42523
 
Heinz,

If professional investors make the same errors as non-professionals, why pay them mega-bucks, then? Why not go the index fund way?

Besides, I was told that professional investors minimize risk. Ho ho ho ... leveraging the NASDAQ at its top and getting blown up ... HO HO HO! <VBG>

That's a rookie error at best. Soros still rules, I am sure. After all, he broke the Bank of England (never mind his Euro and Yen bets which blew up). Luck, my dear friend, it is pure luck.

-BGR.