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To: Ted David who wrote (1360)8/9/1998 12:18:00 AM
From: Mark Marcellus  Respond to of 17683
 
<<I cannot imagine investing soley based on charts, but I also couldn't imagine investing soley on fundamentals.>>

I find it easier to imagine that an investor could be successful using only fundamentals than I do to imagine the only possible alternative - i.e. Mr. Buffett with the shades drawn and the door locked looking at a chart. <g>




To: Ted David who wrote (1360)8/9/1998 2:11:00 AM
From: capitalistbeatnik  Read Replies (1) | Respond to of 17683
 
<< That notwithstanding, seems to me that an investor would want as much information as possible before making decisions that can affect his/her wealth. >>

Actually, there is a concept of rational ignorance, meaning that sometimes information can be a waste of time and distract from more important pursuits. Which is why an index fund is a perfect example of rational ignorance. Which is also why CNBC should stop asking pundits who have no clue which way the market is heading.

But I am still looking for a response. If it doesn't help you beat the averages, why bother?