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To: babble-on

There is no reason why individuals can’t beat the market.

The market consists of a large number of people buying and selling stocks. If you are smarter, wiser, and have better self control than most of them, you will be successful.

Warren Buffet is a good example of this.


4 posted on 02/03/2011 8:40:52 AM PST by proxy_user
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To: proxy_user

I don’t disagree at all, but I sincerely believe listening to brokerage salesmen will not help your results.


6 posted on 02/03/2011 8:43:29 AM PST by babble-on
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To: proxy_user

Warren Buffet did not have to deal with HFTs and the rules (or lack of) that we do now. His buy and hold strategy would not serve him as well now as then. Different era - different results. If he was just starting out now, he’d be just another person floating along IMO.
The markets are primarily directed by Fund Managers who can stifle or propel a stock on a whim. The individual investor has to have his wits about him and be ready to act quickly or lose substantially.


8 posted on 02/03/2011 9:22:12 AM PST by BipolarBob (Even the earth is bipolar.)
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To: proxy_user
The market consists of a large number of people buying and selling stocks. If you are smarter, wiser, and have better self control than most of them, you will be successful.

Most of the trading is done by the pros. You have to be able to out-think them.

10 posted on 02/03/2011 9:28:03 AM PST by SeeSac
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