Joined: June 2006
|By the way, I'’m certain I’ve 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 it’s 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.
"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