puttster

A Tip on TIPS

A year ago the "market participants" staked billions that the DJI was worth 13,000. That oil was worth $80... oops, no, $147.. oops we mean $38... How did that work out for you?


On Dec 31 04:18 AM Dr Feelgood wrote:

> Who should we believe: the writer who simply states his opinion on
> the likely course of inflation, or market participants who stake
> billions on the outcome? I prefer people who put their money where
> there mouths are, as opposed to those who simply talk. Last time
> I talked to my bank manager he told me he liked what I said but he
> can't credit my account with it.