RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,256
Well, that's one view. I'd take it a little more seriously if the author didn't say "everyone did this, then everyone did that". No, everyone didn't do that. I did very little of what he says, though I am guilty of chasing tech stocks in the late 90s. I rode it up, and rode it down, and learned to diversify and stay the course.
As I said, "I'm not sure either side really appreciates the other side's perspective, but it shows why it's important to understand your own risk profile in setting your AA, and not letting someone else tell you what it should be." Maybe give that a thought before repeating the "why take risks if you've won the game" to everyone who wants to do something different, especially since it's not a game and if it was, few of us can be certain we've really won it.