This idiot has thicker skin than Cramer?

Discussion in 'Wall St. News' started by turkeyneck, Dec 30, 2008.


  1. How can anyone be in business if they have been mostly losing money for 5 years? Even the returns from their best performing funds are lower than the interest you get in the bank. Who on earth invests with them?
     
    #11     Dec 30, 2008
  2. wow great point
     
    #12     Dec 31, 2008
  3. Classic. *Filed away in brain's C:\ Drive*.


    As for relative performance and being down, I agree if you dollar cost average in it might be worth it, especially if your time horizon is 30 years. I think I read somewhere dollar cost averaging in is one of the most profitable ways to "invest"? Can't remember if I read that or someone told me, dunno.

    Plus I guess it depends on what he holds, if its index type funds...well no one ever made money long-term shorting the market. And if this guy has some decent picks he'll probably come out alright.

    2 cents.

    -troll
     
    #13     Dec 31, 2008
  4. That's why he's "running money" in the journalism business.
     
    #14     Dec 31, 2008