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Re: VeronicaFox post# 1191

Thursday, 12/13/2018 6:30:24 AM

Thursday, December 13, 2018 6:30:24 AM

Post# of 1380
Just about everything having to do with horses is in decline, or was the last time I checked a few years ago. Horse racing, famously. Track attendance keeps falling.

Horseback riding and ownership are at record lows too. For one thing, people have figured out that equestrian sports are really dangerous.

Along the same lines, I could never figure out why people flocked to NASCAR a decade ago. I see that attendance just keeps on dropping. TV ratings too.

I often think of things people used to do when I was a kid that they don't do anymore. NO ONE COLLECTS ANYTHING anymore. Stamps, coins, ANYTHING. I'm pretty sure interest in "playing stocks" has declined after peaking in the late 90s. Problem is, successful investing isn't very exciting. I've often said that it's almost impossible to make more than about 10% a year longterm in stocks, which is about all Buffett's made. But he uses leverage.

Without MJ, IHUB would have nothing.

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