Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Fallacy about long fund, hedge fund & fund manager, 90% fund managers do worst than you!

views
     
legiwei
post May 9 2009, 12:51 AM

On my way
****
Senior Member
606 posts

Joined: Jan 2003
From what I can see, your investment principles and views is no different from a fund manager.

I wouldn't put my trust on you either.

Your how to be in 5% group don't seem new to me. In fact, I think it's probably the very same thing from what a "financial advisor" will tell me.

So, I still cant see why I will be able to succeed under your approach, especially when you attribute investment as gambling which requires ALOT of luck.

What are the odds of DIY and beating the rest of crowd especially for a person who has no financial knowledge/background as compared to those involved in it for years.

The fallacy to me is not on the profession but the whole entire monetary systems. It was never designed to be sustainable. Introduction of complex financial derivatives or whatever structured products is only there to serve a purpose, a means for people to trade and speculate, a system that was never needed.

This post has been edited by legiwei: May 9 2009, 12:52 AM
legiwei
post May 9 2009, 12:43 PM

On my way
****
Senior Member
606 posts

Joined: Jan 2003
QUOTE(rockcrawler @ May 9 2009, 10:35 AM)
Yes, those things are known by people, very old fashioned.  But can you do that?  For every 10 years we will have a bear market and even you know that from history, there are still tons of people losing big.  Tell me why?  Cos we are all human, we make the SAME mistakes everyday, every year, every decades.  Why so many people rush to buy stocks before the the market collapse?  Why the turnover usually broke all the time record before the market collapse.  you explain this to me?

My point is even you know what i said are correct but you still cant do that.  Only 5% of people can do that and they can win big.  That means you need to acting in extraordinary way.  The world likes a Pyramid, only the tip is the success.
*
I don't get it, you are criticising the fund managers because they are treating your money like it's a game and they don't care if they were to lose at all.

And then, you make a U-turn with your "how to succeed method" + your aggresive approach which is no different from those whom you're trying to critise.

And you know, those people who are losing money are also doing the very exact same thing like you're trying to get us to do but only end up losing it big.

So, my point is, I don't see you being any different from the rest.

This post has been edited by legiwei: May 9 2009, 12:44 PM

 

Change to:
| Lo-Fi Version
0.0136sec    0.48    7 queries    GZIP Disabled
Time is now: 12th December 2025 - 09:47 AM