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To: Balding_Eagle
This ad was funny, but it epitomized the stupid American public who believed they could throw money at clowns and earn a percentage return they did not deserve.

E-Trade Superbowl Ad w/ baby and clown>

You don't see much "E-Trade" crap anymore.

In fact, if you are still doing this nonsense with your money, you are a two year old.


53 posted on 02/16/2009 11:32:36 AM PST by SkyPilot
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To: SkyPilot

Yep, this was part of the problem. Investing became “amateur hour”, how else could you account for the ridiculous P/E ratios that were out there. Also the amateurs are much more easily swayed by emotion, than sound financial principles.


54 posted on 02/16/2009 11:34:18 AM PST by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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