fredthfox

Procter and (Less) Gamble

I think senility has set in, every stock he has bought lately has gone down I/e BNI, WFC, USB, BAC, etc, etc.


On Feb 15 10:48 AM Marcap wrote:

> Yes, Warren Buffet did make Billions of dollars from the stock market.
> But where do you think those Billions of dollars came from? Well
> let me tell you. Much of it came from the naive who lost their money
> to him. Remember, the entire stock market is little more than a gambling
> casino, except that unlike a gambling casino with a bank to fund
> wins and losses, in order for one person to win in the stock market
> (short of course being paid a divident by the company), another person
> must lose. It really is that simple. And until people come to realize
> and accept that fact, there will always be winners and losers (many
> more losers than winners), and financial messes such as the one we
> are now in.
>
> On Feb 15 10:32 AM Paul Price wrote: