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
Fallacy about long fund, hedge fund & fund manager, 90% fund managers do worst than you!
May 9 2009, 12:51 AM
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