Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (8986)	11/28/2001 6:05:24 PM
From: LTK007	Respond to of 99280

<Max, remember that about 15-20% of the workers are union, and they have their own pension funds>after reading Buffets scorn for pension fund management--he really ripped them,but good.Now i must worry for them also. But the key matter brought up on CNBC is there had been a law(called irisca--or something) that would not allow any 401k plan to have holdings of more than 10% stock in any company(including it's own). The feeling of the guest is this rule must be re-asserted as overweightedness in the company one works in is getting out of hand. As for the free choice the glaring problem is at least 90% of the public simply don't know enough about the market place to make "free" choices.( i can't even talk the market anymore with nearly anyone i know as they have no idea what i am talking about and that includes a medical doctor and a biochemist:) I loved that survey that asked real investors 10 basic questions on the market and 80% got only one or 2 right!! Something like 90% did not know that margin had risk! Max