SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (215963)1/22/2003 11:15:22 AM
From: Softechie  Respond to of 436258
 
LOL! That's SNL a hilarious one...LOL!



To: Les H who wrote (215963)1/22/2003 1:34:25 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
Peter Burke? Any relation to Michael?<VBG>

Investor #4: Is there any chance the stocks might rebound this year?

Peter Burke: I'm really the wrong guy to ask. I got completely out of stocks in late '99, and I haven't followed the market since.

Investor #5: You got out of the market three years ago?

Peter Burke: Yes. You see.. around that time, we at Global Century became convinced that stocks were headed for a crash, and that bonds were the safer bet. And, we were right. My own bond portfolio is up nearly 30%.

Investor #5: But, if you were moving out of stocks and into bonds three years ago, why were your brokers telling people like me to do the exact opposite.

Peter Burke: Well, obviously, if you think, as we did, that stocks are heading down, and you want to unload them before a crash, you have to convince somebody out there to buy them. That's just common sense. [ a hand is raised ] Yes?