Experts Are Dumb

Comment by Ken

Ken — Fri, 03 Feb 2006 10:26:00 +0000

Well, for me, it's kinda like gambling (say, like playing craps). Except that there's no house edge against you, so it's even better.

Comment by JuanC (Guest)

JuanC (Guest) — Fri, 03 Feb 2006 09:41:31 +0000

And this just confirms what I believe about stocks...
Unless you have a LOT of free time to study this stuff, why would you buy anything but an index fund (or a company managed "indexish" fund like I have)? for any reason other than A) You like the company, 2) Entertainment purposes.

The real reason is C) One might actually think they are smarter than people who do this all day. Which may be valid based on the "expert" USA today hired.

Experts Are Dumb

Ken — Fri, 03 Feb 2006 08:46:39 +0000

Or maybe this guy just isn't an expert.