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Old 07-11-2009, 08:08 PM   #21
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Originally Posted by freebird5825 View Post
You do NOT want to know what popped into my head.
Nope - not even. Wouldn't be prudent.

heh heh heh - and he silently steals away from this thread. .

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Old 07-11-2009, 09:37 PM   #22
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Originally Posted by haha View Post
Wow! Where have I heard that one before?

Haha wins some and loses some, but I never sit around passively waiting for the hurricane to blow itself out. And I am getting close to 25 years of successful, pensionless retirement.

So parroting some academic theory doesn't really mean much to me.

Which puts you in the 20% of investors who will beat passive indexing . I have neither the time, skill or luck to play that game so I'm content to be in the 80th percentile. And if I'm wrong I can blame it all on Malkiel, Bogle and Bernstein...oh and Buffet too


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