OldShooter
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This is a nice little object lesson teaching that amateurs buying individual stocks are more likely to lose than to win. This is particularly true for people who don't understand financial basics, like how bankruptcy works. (I am not trying to be insulting here, just realistic.)
Face it, 95% of the time an individual is buying from or selling to a professional who understands the company and the market far better than the individual does and who has access to vast amounts of information and vast resources. Stealing a comment from a clever guy in another thread: 'As an individual, you are bringing a pocket knife to a nuclear war."
Face it, 95% of the time an individual is buying from or selling to a professional who understands the company and the market far better than the individual does and who has access to vast amounts of information and vast resources. Stealing a comment from a clever guy in another thread: 'As an individual, you are bringing a pocket knife to a nuclear war."
