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2ndclass



Posts: 182
Joined: June 2006

(Permalink) Posted: Dec. 05 2006,15:46   

DaveScot:
Quote
By the way, I'ím certain Iíve studied the stock market at least as much or more than you have, I made millions in it, and I knew enough to get out of it with my winnings intact because itís all just a matter of luck. A little more predictable in the short term than Vegas but in the long run only the house wins.

Since Dave made millions on Dell options, it's obvious that he knows more about the stock market than business school teacher Dopderbeck.

I always thought that the market was unpredictable in the short term but more predictable in the long term.  And I thought that, on average, long-term investors come out winners.  Thanks to Dave, now I know that I've had it backwards all this time.

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"I wasn't aware that classical physics had established a position on whether intelligent agents exercising free were constrained by 2LOT into increasing entropy." -DaveScot

  
  29999 replies since Jan. 16 2006,11:43 < Next Oldest | Next Newest >  

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