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 : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: edward miller who wrote (13704)2/1/1998 1:22:00 PM
From: Zeev Hed  Respond to of 18056
 
Ed: Buffet actually went on TV to tell people that buying his new diminutive Hataway shares is too risky and that he would not do it with his own money, but people did not listen (and I think they are doing quite fine too <VBG>, so far).

Zeev



To: edward miller who wrote (13704)2/1/1998 2:10:00 PM
From: danderso  Read Replies (1) | Respond to of 18056
 
It seems to me that if the Bull persists a few more years there will be a wave of older boomers taking early retirement. This makes me wonder what the impact will be on investment flows as these people at
the margin change from suppliers to consumers of funds.

Dave



To: edward miller who wrote (13704)2/1/1998 6:55:00 PM
From: Liatris Spicata  Read Replies (2) | Respond to of 18056
 
Ed-
<<because norms of investment returns WILL RETURN - MEANING THAT THESE FUNDS WILL DROP IN VALUE AT SOME FUTURE TIME.>>

I don't see reversion to the mean requiring what you claim. Market averages could simply meander over a narrow ranges for a few years- as I believe the DOW has done in the past- and still accomplish mean reversion.

Regards,

Larry

P.S. to Dr. Jack:
<<unless you are receiving those barbaric and anachronistic payments known as dividends.>>

I'm not sure whether you were striving for irony here or not. But it strikes me as tad premature to so breezily dismiss the form for return that has historically provided half the return that equities have provided. N'est-ce pas?



To: edward miller who wrote (13704)2/1/1998 7:37:00 PM
From: Investor2  Respond to of 18056
 
RE: "They all say that there is risk, but they are also well trained by their lawyers and know how to say risk without ordinary people always knowing what they are saying."

Truer words were never said. Most individual investors in the market today do not have a clue of the meaning of risk. Some think that a stock or fund with a high level of risk simply means that it will go up faster than more conservative investments. Others believe that "risky" means "volatile." Very few correlate a high level of risk with the fact that they could loose most or even all of their money.

Best wishes,

I2