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To: expat_panama

All these writers... If they knew what the market was going to do, they wouldn’t still be working. They’d be sipping pina coladas on their yachts.


9 posted on 01/12/2017 3:09:55 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb
"If they knew what the market was going to do, they wouldn’t still be working. They’d be sipping pina coladas on their yachts."

When they touch down, we'll blow the roof, they'll spend a month sifting through rubble, and by the time they figure out what went wrong, we'll be sitting on a beach, earning twenty percent.


10 posted on 01/12/2017 3:17:35 AM PST by BlueLancer ("If the present tries to sit in judgment on the past, it will lose the future." Winston Churchill)
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To: abb
...they wouldn’t still be working.

Sure they would, but they'd be busy managing $billions instead of writing columns about how smart they are.

12 posted on 01/12/2017 3:27:08 AM PST by expat_panama
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To: abb

All these writers... If they knew what the market was going to do, they wouldn’t still be working. They’d be sipping pina coladas on their yachts.

*************

Exactly right. They make a little bit of money by writing, not a lot of money by investing.


26 posted on 01/12/2017 6:32:56 AM PST by Starboard
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