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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kanetsu who wrote (44562)1/2/2001 9:34:32 PM
From: Trumptown  Respond to of 57584
 
<<I challenge you to find me someone who has consistently made money following a "guru.">> - everyone is right some of the time...some more than others...the magic is being able make effective decisions based on all the info at hand.

<<Finished reading Colin Powell's biography yesterday, now half way through Warren Buffet's, another great education for 20 bucks. I'm wondering why I paid so damn much for my "formal" education.>> - did you see the Hurricane?...the uncorrupted human spirit is powerful stuff!

SR



To: Kanetsu who wrote (44562)1/3/2001 9:17:02 AM
From: Rande Is  Respond to of 57584
 
Kanetsu, You are a wise one. I too often wonder why I paid so much for my education. I guess I need to run out and get Colin Powell's book.

And I totally agree with you about gurus. Anyone who wishes to lead others around blindly does not truly care about those he leads. That is why I tailored this thread and the coming website around people helping and teaching other people. . . .and the mass contribution being more valuable than any single contribution. When you consider the end result of the mass contributions, it becomes clear that the whole is greater than the sum of the parts.

A "guru" would have you believe that "'the one' is greater than the whole or the parts". They care only for themselves. They profit at others expense. This is why they have such a short life expectancy online and why the SEC and other Federal Agencies tend to quickly put them away or shut them down.

And yet, the media, which wants to slant the marketplace in any way which helps them to sell papers or magazines. . . insists on tagging the name "guru" on any individual who marches to a different drummer than that of the street. . . . or organize a group against the ways of the street.

I recently had to take a stand with a major publisher and insist that they remove such a moniker from my name. My argument was that anything that I personally may conclude about the markets, predict, or otherwise play is only due to the endless input by the fine traders in our group. . . and so such a tag would insult us all. . . and diminish the importance of our work . . . .since we all work together to make calls here. I won in the end [or so they say], but not without a fight from the editors.

I must say that the Individual Investor has grown up considerably since 1998. . . when following gurus was all the rage. But the fact that the Individual Investor has become more intelligent, aware and market savvy doesn't make for interesting articles in periodicals or as an exciting subject for books. . . unfortunately "guru" does.
[By late-Spring, we'll have some Insighters caps with the universal symbol for "No Blind Sheep".]

Rande Is