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Re: Smart_Money post# 638891

Sunday, 12/06/2009 7:57:14 PM

Sunday, December 06, 2009 7:57:14 PM

Post# of 704019
Smart-Money, You try to confuse by distraction and populist rhetoric.
Are you a politician?
We not so easily confused.
You no answer questions.
Why?

No one holds the house edge??
Except GS?
Poor old WB...he's going to take the news hard.
In ever situation in life there is a house edge if you look for it.
Then you have a choice.
Fabian
Is every stock in China a gamble when their Gov't influences more than the U.S.?
There is a vast different between gambling and taking prudent investment risk.
Fortunes are lost gambling.
Fortunes are made taking prudent investment risk.
If You buy a business at 5 X engs. [20% yield] and that business that you are now a part owner of grows at 25% per year for 4 years, you will make money 97% of the time. That is not a gamble.
That's Smart Money
If you Smart Money, you do same.
It is as close to a sure thing as anyone ever gets in the world outside of Guaranteed TBills, which are Guaranteed...Losers.
Go ahead...spend time hollering "Rigged".
See how far it gets you.
P.S..."Picking stocks on earnings is old school and will not work in this environment"
Daing it SM...now you tell us. We'd never have bought into that stupid old school 1 PE ratio GFRE last Dec if we had known.
We'd have hunkered down in cash, spent $21 on a megaphone, and joined the world in screaming...
"We're Screwed, the Whirld is Ending".
LOL
P.S.2...Traders should never be buying stocks factoring in PE ratio.
PE ratio is irrelevant in the time horizon of a pure trader.
Real Estate Parabolic on the verge of collapse?
AND on the verge of going parabolic?
That is news indeed.
If it is one or the other, it sort of matters which one it is, whether to be long, short or neutral...eh?
All we asked is Why SRS because it was not obvious. Pending answers, it still isn't.
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