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To: S. Chiang who wrote (41621)5/12/1998 5:22:00 PM
From: Uncertain Walker  Read Replies (5) | Respond to of 176387
 
"Well, I personally don't have any problem with "greed". If you don't have greed, why you invest in stocks in the first place!? "

This is a misconception.
People invest in stocks because there is a long-term expected return of about 10% per annum in the stock market. Even a risk-averse long-term investor (with no greed) should take advantage of this kind of return. Of course, he or she must have a diversified portfolio.