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To: geode00 who wrote (15444)	12/11/2001 10:17:49 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 42834

>>1. A bell curve for equity returns so someone has to occupy the thin wedge on the right hand side.<< yes, but not the same people all the time. as many recently found out! ;-) >>2. Superior ability to analyze and capitalize on under valued situations.<< i would add a risk management program. i was so right on amazon in 1998 that if i had invested everything going short that turd i would've been bankrupt in months. still right, though. >>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.<< luck or good fortune, whatever you want to call it, is the single most important factor in determining life success. i include gentics, parents, place of birth, etc...

To: geode00 who wrote (15444)	12/11/2001 10:18:00 PM
From: Skeeter Bug	Respond to of 42834

>>1. A bell curve for equity returns so someone has to occupy the thin wedge on the right hand side.<< yes, but not the same people all the time. as many recently found out! ;-) >>2. Superior ability to analyze and capitalize on under valued situations.<< i would add a risk management program. i was so right on amazon in 1998 that if i had invested everything going short that turd i would've been bankrupt in months. still right, though. >>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.<< luck or good fortune, whatever you want to call it, is the single most important factor in determining life success. i include genetics, parents, place of birth, etc...