Newbies Investing Questions

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Almost everything people learn from IHUB about investing is wrong.

I've been investing since I was age 19; I'm a retired lawyer and I've read most of the classic investing books. I follow just about everything Buffett and his partner Charlie Munger have written. I especially read academic research on investing. My own money is in low cost index funds, about 15 blue chips, and bonds. I have no doubt I've done better than 98% of IHUBBers.

Yes, it's hilarious that some advance the idea that a collapsing stock, like Rennova with its two worthless hospitals, can be "under accumulation". Or that a stock falls despite more people buying than selling. (although that can happen if a few shareholders are selling large blocks while many people are buying tiny amounts). Just about everything you read on IHUB about "evil MMs" and "wicked shorters" is wrong, and is usually aimed at diverting attention from the fact that virtually all hot, pumped OTC pennies are scams.

How have your penny stocks worked out for you?