Comments on: Richard’s Portfolio for Value Investors

By: LP

LP — Mon, 16 Oct 2006 17:40:52 +0000

Love it!…”funny cause it’s true” said Homer Simpson.

By: Richard

Richard — Mon, 16 Oct 2006 14:40:01 +0000

@Smarty: I don’t feel I’m wrong. Don’t worry about that! :-)

thanks, everyone else. I enjoyed making the video.

By: Zoomie

Zoomie — Mon, 16 Oct 2006 14:36:21 +0000

That was a good laugh! I’m gonna watch that one again!
I do believe pure fundamentalists are brainwashed from birth that trading is evil.

By: ExEngineer

ExEngineer — Mon, 16 Oct 2006 13:32:31 +0000

That was great!

By: Smarty

Smarty — Mon, 16 Oct 2006 13:19:39 +0000

Richard,

I don’t think you should feel you’re wrong just because you have people disagreeing with you. You should let the numbers decide and allocate your risk accordingly. That is, if you made a lot of money, perhaps you may want to cut back on the amount on risky stocks.

For your sake, I’ve had heard of successful daytraders. And I would like to be one. =)

By: Richard

Richard — Mon, 16 Oct 2006 04:16:43 +0000

@ryuu: thanks! You can imagine, the idea for the ending came first. I should have probably gotten to it a little faster. I tend to ramble, I’m afraid.

By: ryuu

ryuu — Mon, 16 Oct 2006 04:12:42 +0000

lol.. great ending

By: Richard

Richard — Mon, 16 Oct 2006 02:38:19 +0000

Right, it was quite an eye opener for me, as well! Who would have thought they’d tell you where it was gonna be in a year, right there on the Yahoo Finance summary? Choosing trades is a breeze when you know the price a year from now. Really great stuff.

By: Alan Crabtree

Alan Crabtree — Mon, 16 Oct 2006 02:34:40 +0000

Wow! All this time I though fundamental analysis was much more work than technical analysis. Thank you for enlightening me. Fortunately you saved the best for the end.

Alan

By: Tyro

Tyro — Mon, 16 Oct 2006 01:08:15 +0000

Every day trader will bust sounds an awful like like that claim that every gap fills. It may not be today, it may not be tomorrow, it may not be for a year or ten years or fifty years, but every day trader will bust just like every gap will fill.

Every. Single. One.

Making life decisions based on platitudes is far simpler than looking at empirical results ’cause that might involve thought. Icky.

I think it’s an insecure person that needs everyone to agree with them. They don’t have the strength of their conviction and feel personally attacked when people disagree with them. People like you who flaunt their “wisdom” are upsetting. You’re the worst kind of day trader – a successful one. (Maybe not one with the most mature sense of humour but at least you understand your audience!)