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To: Dwight E. Karlsen who wrote (42617)5/7/1998 9:20:00 PM
From: Byram  Respond to of 58727
 
Dwight,
I agree with your post......
All my losses are attributed to my bad judgement & Greed....whereas quite a few of my unforseen gains were undercapitilized through family members, friends etc.....I can't name the times when I studied a lead...did all of the DD and called my broker (Friend who my sister manages the office for) When some one says "I don't know, that is risky" Well, the only thing they would invest in is Fed Bills (not that they are all bad either) -
In other words I do agree with you there are lots of types of investors - Non-investors, Low risk, Medium risk, High risk or people whom wear several hats. Most think you are boring,
stupid, lucky, wild, conservative...etc....etc.....
So, my advice is - PLAY YOUR OWN GAME.......forget the rest...
THANKS for the chance to make this statement,
Byram



To: Dwight E. Karlsen who wrote (42617)5/7/1998 10:14:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
My sphere of people includes many who are just investors. My auld man was a grain trader in Ireland, when traders just made an average living.

He was absolutely livid when he bought Sperry Rand once at 18 and sold at 63 just to see the stock go to 65 before tanking. He could not understand why he did not get out at 65.

He was a good guy but definitely whacked.

Anyway, I just disregard all the average guys. The skilled ones I listen to, but they play it much closer to the vest. Everyone else is in it for the long haul or writing puts or some other stupid stuff. We shall see in the fullness of time what the appropriate measure will have been.