Mac77

Boone Pickens' Capital Funds Down; Investors Withdrawing Money

There is really nothing new here...most people confuse investing skill with luck. Those who "Win" at trading are simply taking "Risk" at the right time...

those who "Loose" are risking at the wrong time. Boone Pickens looks bad now that oil/energy is in a downward trend...he will look like a genius when the uptrend in energy stocks resumes....and make no mistake, he will not be in cash then.

Bottom line Risk and Reward share the same seat on the ferris wheel. It's a ride that we all must take. Just don't be arrogant enough to assume that you are being smart when your trade Wins or Dumb when you it Looses.