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Re: MR PUNISHER post# 122333

Thursday, 06/22/2017 12:41:40 PM

Thursday, June 22, 2017 12:41:40 PM

Post# of 234072
I'm unusual in that my bashing has been enormously profitable for me. In the late 90s I witnessed the Dot Com Bubble pursued by armies of wet behind the ears stock "players" who only knew that stocks always rose and they could be bought online cheaply!

I realized that would end dreadfully and moved most of my money into blue chips, index funds and bonds... often muni bonds.

Then the newbies discovered charting and began trading like whirling dervishes. Dumb investing and dumber tax planning. I don't do dumb things with money. I find that "IHUB Think" is a marvelous contrarian indicator. My average stock holding period is measured in decades!

Put another way, and long ago: "The Herd is Always Wrong."


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