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Sunday, October 21, 2018 9:42:54 AM
Are you talking about your own investing or mine?
For me, I'm just fine bub. My investment portfolio is managing quite well. People who don't know how to invest, should not be anywhere near small biotech compnanies. If you're investing mortgage money or borrowing from your credit cards to invest in any of these companies, then you don't know what your doing. Single stock investing is even more of a disaster.
But that doesn't mean what happens in just about every one of these companies, unexpected delays, lawsuits, annoyances of every kind and manner, are due to bad investing or evil management.
The world is filled with all kinds of shysters and many of them work in the investor world as speculators and they look to "create" value with their own shenanigans with these companies.
I don't trust any single one of them, and that includes ESPECIALLY people like Woodford (NW), who is an investor, of the very same sort. No one is a white knight at that level, they are all out for themselves and the people invested in their fund, not the other investors.
As for your criticism of other investors ... I think a good investor focuses on managing their OWN investments. People who rant on bulletin boards are typically not good investors. Just an opinion. Ranting doesn't make one's portfolio go up, any more than chatter about the science.
But ranting does make investments go down. Which is another way that some investors clearly make money, such as hedge funds. I just wish they'd be honest... but that would screw up the game for them.
For me, I'm just fine bub. My investment portfolio is managing quite well. People who don't know how to invest, should not be anywhere near small biotech compnanies. If you're investing mortgage money or borrowing from your credit cards to invest in any of these companies, then you don't know what your doing. Single stock investing is even more of a disaster.
But that doesn't mean what happens in just about every one of these companies, unexpected delays, lawsuits, annoyances of every kind and manner, are due to bad investing or evil management.
The world is filled with all kinds of shysters and many of them work in the investor world as speculators and they look to "create" value with their own shenanigans with these companies.
I don't trust any single one of them, and that includes ESPECIALLY people like Woodford (NW), who is an investor, of the very same sort. No one is a white knight at that level, they are all out for themselves and the people invested in their fund, not the other investors.
As for your criticism of other investors ... I think a good investor focuses on managing their OWN investments. People who rant on bulletin boards are typically not good investors. Just an opinion. Ranting doesn't make one's portfolio go up, any more than chatter about the science.
But ranting does make investments go down. Which is another way that some investors clearly make money, such as hedge funds. I just wish they'd be honest... but that would screw up the game for them.
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