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otterman

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otterman

Re: None

Tuesday, 11/29/2005 12:25:14 PM

Tuesday, November 29, 2005 12:25:14 PM

Post# of 23718
Dear investing public. Please do not take mine, hasher's or any other pumper or basher's advice. But here is some advice from an investment expert:

"If I'm right (on an investment), I can make 400 percent and if I'm wrong I might lose 60 percent. You can sometimes make 20-fold while the most you can lose is 100 percent. The public doesn't understand that."

Peter Lynch (From Business Edge Magazine, September 15, 2005)

He made this comment while discussing the amazing ride of PetroKazakhstan, which languished at .34 in Sept 1999 with absolutly no one recommending you buy it, and was recently bought out at $65+/- a share!

He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson

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