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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (119354)9/18/2009 11:52:11 AM
From: Knighty Tin1 Recommendation  Respond to of 132070
 
This is actually old stuff. Even a smile improves heart health. However, I don't know if it can be faked and still get the benefits. Also, I don't think laughing with your mouth works if you aren't laughing inside. And I wonder if Dr. Evil's kind of laugh is good for you. <G>



To: Pogeu Mahone who wrote (119354)9/18/2009 12:05:54 PM
From: Knighty Tin1 Recommendation  Read Replies (1) | Respond to of 132070
 
Morningstar makes excuses for Harvard and Yale investment losses in 2008.http://news.morningstar.com/articlenet/article.aspx?id=308861&pgid=fundarticle

The long term records have been fine, but that doesn't mean they will continue to be. I fear the concept of wanting to own or do a little bit of everything is more a sign of fear and indecisiveness than of investment savvy. But, given that so many of us have a tendency to zig when we should have zagged (I call it "being too early" when I screw up), perhaps that is the only way to run these portfolios.

But the Yale style of investing, while adding asset classes many other investors don't use, looks like having 720 clocks, each of which is stopped at one minute past the previous clock. Yes, you always have the correct time on one clock, but that doesn't mean you know if it is the hour "Sponge Bob" comes on the telly. <G>