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To: Tom Pulley who wrote (83512)11/6/2002 10:02:49 PM
From: Sweet Ol  Respond to of 99985
 
It doesn't take the fun out of investing, it just proves it is gambling, which is fun in and of itself<ggg>.

Best to all,

JRH



To: Tom Pulley who wrote (83512)11/7/2002 5:18:48 AM
From: Eddy Blinker  Respond to of 99985
 
Also please Tom –That is funny in the year 2002.

>>However, I refuse to believe that is true as it would take all the fun out of investing.<<

>>>>….if you can find a non-poisonous dart frog you get a much better correlation..... particular if you also take into account the derivative of the volume of the buzzing and chirping mating sounds.<<<<<<

IF,

Then.BUT…IMHO Not impossible but in 5 years I did not.

Instead I choose to get there via the Media Babble Echo as the strength and duration of the buzzing and chirping can be evaluated regressively and a - very short term - but most reliable forward projection in global proportions can be designed.

>>>But that's just my opinion based on a limited sample size so invest at your own risk.>>>

As our opinion about the frog’s existence does not differ –I like to highlight that I have strictly the “ fast buck ” in mind and I say so. Using luring “ investor “ terminology would be counterproductive to my project as I agree with the old day core philosophy of this thread “ Think like a criminal “.

>>>That reminds me of an article I read years ago (that I wish I could now find) that said based on a statistical analysis with actual market volatility the number of big investors and mutual fund managers; then assuming a normal distribution of returns...>>>

About two years ago there was a article posted here on this thread which made reference to that theme (Most unfortunately it disappeared with one of my library crashes) I do believe that the writer was right on target in his summations to the very same end as you mentioned.

<<<<The message was that even if you are successful at stock picking it is probably blind luck as some people will be lucky and end up on the positive side of the normal distribution curve.>

Perhaps it was the same article. I agree with that opinion.

IMHO Investing 2002 is inviting hell to enter into a otherwise dull life style.

Kind Regards,
ED