Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-28-2009, 09:03 AM   #21
Thinks s/he gets paid by the post
 
Join Date: Aug 2002
Posts: 1,322
Quote:
Originally Posted by TromboneAl View Post
I often think of the scammer who sent out thousands of letters, each predicting different results for a pro football game. Next week, he sends out new predictions only to those for whom the first week's prediction were correct.

By the end of the season, a few victims have received a correct prediction each week. To them the guy is a genius, and they send him big bucks when he offers to predict the superbowl.
Brilliant!
__________________

__________________
FinallyRetired is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-01-2009, 09:56 AM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,196
To clarify my analogy, I think the football prediction scam is relevant to say, Warren Buffett. That is, instead of one guy sending out thousands of predictions, you have thousands of guys making predictions. It's not surprising that some of them have an incredibly good track record.

I found this news story interesting:

Berkshire has worst year; Buffett still optimistic - MSNBC Wire Services - msnbc.com

To summarize: Buffett did really badly last year, and admits to making major financial mistakes. And now here's the latest predictions from the Oracle of Omaha...
__________________

__________________
Al
TromboneAl is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
My beloved cat Purron Other topics 34 11-12-2008 06:53 PM
Big Berkshire Hathaway bounce coming up on Monday 22 Sep 08? Nords Stock Picking and Market Strategy 11 09-24-2008 12:27 PM
Post your cute cat pics here Purron Other topics 35 01-28-2008 05:37 PM
cat 5 lazygood4nothinbum Other topics 6 08-22-2007 02:24 PM
The Cat Conundrum cute fuzzy bunny Other topics 19 06-12-2006 07:26 PM

 

 
All times are GMT -6. The time now is 08:50 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.