We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
The era of the stock-picker - those without inside info - is past. Or mostly-past. If you get lucky or smart and ride a big wave of a single equity, good for you. More likely, you would not gamble enough on it to make a big difference. Today, retail investors are the muppets of the big money world. I know, because I am a muppet.
When the stock market dove in 2007 or so, I had a little bit of money in an online investment account. I looked for the cheapest stock I could buy that had potential. Ended up buying about 10 shares of a stock that cost me 55 cents a share. That stock today is worth $14 per share! How I wish I'd had THOUSANDS to invest at that time.
Anyway, that was my best stock investment success story.
In my finance class in grad school, my professor said the only way to beat the stock market was to cheat. I believe him.
#2
the gold digger
(Link)
on
2016-08-23 16:08
(Reply)
I'm surprised this article didn't tell us how honest Hillary Clinton is. The random walk is still taught by Clinton supporters at leftest institutions and sure if you use "funds" that by definition have a huge number of fully priced securities as proof of the fully discredit random walk BS theory you are by definition going to have average returns. But if you do real due diligence and limit your investments to a couple of stocks that are clearly undervalued by any metric, then your returns will be through the roof. This video is for democrats who believe in insurance and "average" return because logic, diligence and reason never works in their bizarreo world.
Another thing those leftest frauds teach is that if government comes and robs you, then gives the loot to their friends, then you and your fellow idiot voters will prosper. they give it a fancy sounding textbook name, after some buddy economist academic friend but it makes as much sense as claiming that you can buy a bunch of overpriced securities in a bundle and make more money than if you buy some priced .50 on the dollar.