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I have followed on the radio two well-known and respected finance/investing pundits. The first believed himself to be particularly good in the area of real estate. When the housing market turned down he told his national audience that this was a minor blip and nothing at all to worry about (LOL).
Oct 23 19:56 pm
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All Comments by cyborg1939 »Is the Best Offense Really a Good Defense? [View article]
The second gentleman touts being one of the all time best market timers---he had NO CLUE about what happened beginning in September 2008, none. ( and with his high powered proprietary system) (LOL).
What is the point?: the point is that even the pundits are burned all the time.....and the Wizard of Oz is who he really is. Humility is the name of the game.
Cheers, Cyborg