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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (51964)	7/10/2002 12:01:18 PM
From: Dr. Id	Read Replies (2) \| Respond to of 54805

How does the small investor have faith in a game that has (and will continue to be) rigged? Anytime there's enough money and power at stake, there is always the potential for rigging. Investors who understandably don't want to take the time to exercise the necessary precaution or take that risk should consider investing in an S&P 500 index fund. How do we trust the information that we're getting to be able to invest with any confidence? Do you pour through SEC filings? If so, let's continue this discussion. If not, it's irrelevant in my mind to wonder about the credibility of the filings if we don't study them and base conclusions on the information they contain. And if we don't do that, we shouldn't be investing in common stocks in the first place. --Mike Buckley But Mike, when you say "investors who don't take the time to exercise the necessary precaution" and who don't pour over SEC filings implies that that information to be found there is valid and correct. It doesn't account for fraudulent filings, nor does it account for corporate lying. I don't care how much due diligence a Worldcom or Enron investor engaged in...in the end, he was going to get screwed. I think that you perceive that doing your homework protects you against these kinds of activities. It should, but it doesn't. Id