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Re: tpizzazz24 post# 2993

Monday, 12/08/2014 1:09:59 PM

Monday, December 08, 2014 1:09:59 PM

Post# of 3130
It's a mistake to think there's anything homogeneous about "Wall Street." The big players no doubt hate each other and use many different methods to make money.

Only a few employ rapid trading which can backfire from what I've read. There are at least 2 ways to minimize its effect on ones portfolio: 1) Buy and hold; 2) Own high priced shares that trade infrequently (like BRK-a at $225,000, as an extreme example)

The Sheeple on IHUB love to imagine problems that generally aren't problems, like Evil Shorters and Wicked MMs that send supposed signals to each other. Sticking with the NYSE (which I generally do) reduces hanky panky too.

Buffett's worth $70 Billion and he *generally* uses simple investment techniques. He's beaten just about any investment house with all their supposed tricks.

Must be a good day for insurance. Both TRV and UVE doing well in a down market.



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