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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (15443)12/11/2001 3:55:25 PM
From: geode00  Read Replies (2) | Respond to of 42834
 
Still trying to find that private island full of those who have sold their souls in order to obtain that crystal ball. Imagine having just 10K and a crystal ball for just one year. Yowza!

Definitely puts to lie the idea that anyone can consistently predict the future. I think it's more rational to think that there is:

1. A bell curve for equity returns so someone has to occupy the thin wedge on the right hand side.
2. Superior ability to analyze and capitalize on under valued situations.
3. Luck, which is always more important than skill in the stock market <g> Take care to be born well and to pick the right stocks at the right time.