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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?


To: refugee investor who wrote (319)4/8/2010 7:19:41 PM
From: Italian Investor  Read Replies (1) | Respond to of 1366
 
He is probably a blowhard on TV in order to get attention and attract business.

You are right on this attract more business so he can make more money for himself.

He said himself he would only put 1% of his own money in the agri fund.

So, I say to him why start up an agriculture fund if he would only put 1% of his money in. He does not seem like he has that many funds, so why do a agriculture fund then say I would only put in 1% of his own money in. Sounds like an excuse for bad performance after the fact. If he said he would only put in 1% when he started that would be different, but I highly doubt he did he was just playing a hot sector, I bet. He is a loser I hate people like him they want easy money. I like Michael better he is not only a good investor but he is not a thief like most money managers. I do not want to brag he is smarter than me but we are somewhat similar in our styles all accept I never shorted anything in my life. I might change on that respect in the future. I would start off slow with an index. My returns crush every MF going over a 5 & 10 year time frame I never did the math but I am sure they are well over 20% a year and I feel like I get a little better every year. Just imagine if I had a education and another decade. It is not hard just look where people are running and try to find value by knowing the valuation basics. Most people can’t do it I have no idea why they would rather chase something that is going up. It comes simple to me buy when everyone is selling and sell when everyone is happy. I am sure a caveman can beat most of these bozos why anyone pays I have no idea. Maybe back before the internet it was justifiable but the internet has made investing much easier