The smart investor got out or went short a long time ago. The smart investor may now be slightly bullish but very cautious with a small position waiting for more solid info before putting more capital to work.
On Nov 30 09:08 AM Fredrik wrote:
> yes, people who do their homework usually come out on top but that > does not mean that studying company fundamentals will necessary earn > you better than market returns. it is much better in my opinion > to do your homework on such subjects as financial history and market > behaviour. a great example is that i will bet you that the when > we have hit the lows and a new bull market emerges it will not be > the great companies that perform in fact it will be exactly the opposite, > the garbage companies will perform extremely well, have a look at > financial history instead, everytime this amazes the fundamental > stock analysts and the MBA types because it doesnt 'make sense', > the fact is its just what markets do...
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The smart investor got out or went short a long time ago. The smart investor may now be slightly bullish but very cautious with a small position waiting for more solid info before putting more capital to work.
Nov 30 10:44 am
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All Comments by cashew »How to Succeed in a Bear Market [View article]
On Nov 30 09:08 AM Fredrik wrote:
> yes, people who do their homework usually come out on top but that
> does not mean that studying company fundamentals will necessary earn
> you better than market returns. it is much better in my opinion
> to do your homework on such subjects as financial history and market
> behaviour. a great example is that i will bet you that the when
> we have hit the lows and a new bull market emerges it will not be
> the great companies that perform in fact it will be exactly the opposite,
> the garbage companies will perform extremely well, have a look at
> financial history instead, everytime this amazes the fundamental
> stock analysts and the MBA types because it doesnt 'make sense',
> the fact is its just what markets do...