tag:blogger.com,1999:blog-11336670.post1685605908147388410..comments2024-03-13T03:24:01.167-04:00Comments on Marginalizing Morons: Intelligence Is OverratedCaptiousNuthttp://www.blogger.com/profile/14440029537418230507noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11336670.post-42613511959510673722008-07-02T10:46:00.000-04:002008-07-02T10:46:00.000-04:00The best protection is abstinence!Sell everything!...The best protection is abstinence!<BR/><BR/>Sell everything!<BR/><BR/>Kidding aside, there are numerous ways one could hedge the longs they are afraid to sell - as I illustrated in this post with SKF and SRS.<BR/><BR/>Buy and hold only works in low inflation, low yield environments. Also, the 60/40 stock bond "diversification" has something like a 99% correlation with the SP500 over the past couple decades.<BR/><BR/>Trading may be a minefield, BUT buy-and-hold is riddled with risk as well.<BR/><BR/>My philosophy is that everyone should have at least <EM>some</EM> money dedicated to trading.CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-35910704046627014062008-07-01T18:53:00.000-04:002008-07-01T18:53:00.000-04:00Hey, next time you send that advice to a friend, c...Hey, next time you send that advice to a friend, copy me at shenandoah@xtra.co.nz. If I act on it and win, I'll pay you 10% of the gains when taken.<BR/><BR/>But after many a moon trading stocks, I've always made lots more money buying & holding long-term and investing in startups alongside very smart guys. In this market tho, I'm looking for protection, which usually means more of a focus on the short to intermediate term.shenandoahhttps://www.blogger.com/profile/04377872279115442526noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-27731865330193237242008-06-30T19:52:00.000-04:002008-06-30T19:52:00.000-04:00I certainly appreciate my guy telling me stuff tha...I certainly appreciate my guy telling me stuff that makes sense, he is more knowledgable than me, that is why I hired him.<BR/><BR/>This blog is great.Paul Mitchellhttps://www.blogger.com/profile/07825674914008378242noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-83616127555289536432008-06-30T13:29:00.000-04:002008-06-30T13:29:00.000-04:00There's nothing more unpopular to say than *the tr...There's nothing more unpopular to say than *the truth*!<BR/><BR/>Slow, if I were your broker, I'd put you in all the dog-sh*t stocks - pulled straight from Mad Money and Fortune magazine!CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-59959642930801770362008-06-30T10:47:00.000-04:002008-06-30T10:47:00.000-04:00You know-I think your kind of an a-hole. But if y...You know-I think your kind of an a-hole. But if you were a broker I'd be glad to have you making me money.<BR/><BR/>I don't care if your an ass or not. It really doesn't matter, business is business. Period. <BR/><BR/>Slow out.Anonymousnoreply@blogger.com