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Pastimes : Why teach if you can trade? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (23)	1/5/2001 2:21:46 PM
From: parker_meridian	Read Replies (1) \| Respond to of 313

Your math doesn't account for an off month No one is perfect. Even Michael Jordon had off games. One bad month, for whatever reason, can spoil quite a bit. Um, isn't it more that everyone can at some point have an exceptional month or period...but that would be no indication of long run success if it's blown in an "off month that spoils quite a bit". Cherry picking the good times to claim "50% per month"...is BS. And the crash wasn't kind to anyone long. Isn't the reason to pay a "guru" that they aren't just "anyone" and supposed to make the sell calls too? If I just want to follow "anyone's" picks, there are plenty around SI or elsewhere I can follow for free. Piles of people had an impressive run of "picks" during the Tech bubble...doesn't mean they were particularly bright...or worth of a subscription free. My premise remains...anyone who could claim 50% or even close monthly returns would have absolutely no issue with capital requirements, and would in short order be fabulously wealthy. Anyone who was fabulously wealthy probably wouldn't want to waste time hawking their "skill", "picks" or whatever considering the activities that fabulous wealth could provide...Anyone who was making claims of outperforming every wizard in both market wizards books while admitting they don't have the capital to trade on their own wouldn't be worth me spending my dollars on to subscribe too.