RE:RE:Flipping sides and bag holders
Experienced wrote: Frankly I have to smirk at this latest thread.
About a week and and a half ago I posted some advice regarding things to think about when buying stocks.
The basic advice was to know before you buy why you are buying and have a clear plan as to when to sell.
As far as I am concerned it would appear to me that Obscure had already figured that out before he bought ENV and SU (the fact that he worked in the investment industry early in his work life perhaps explains this).....and this has nothing to do with the criticism of some of the people here who should be trying to learn as opposed to bashing. I have been investing since 1969 and worked as a succesful investment advisor for many years before I retired about 13 years ago and one of the most important lessons I learned over the years is to hear other people out because they might have thought of something that you haven't. Seems to me that some people here still have to learn that lesson.
Sadly, this Board which IMHO was one of the best on Stockhouse for its exchange of ideas in a respectful manner is now starting to look like many other useless SH Boards that I am reconsidering whether I should spend any more of my time here.
The basic advice was to know before you buy why you are buying and have a clear plan as to when to sell.
That is a good advice but it is quite generic, they even have a song for this same advice and it goes something like this: Every gambler knows
That the secret to surviving
Is knowing what to throw away
Knowing what to keep
'Cause every hand's a winner
And every hand's a loser
And the best that you can hope for
Is to die in your sleep
If you're gonna play the game, boy
You gotta learn to play it right"
You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealing's done
However, the devil is in the detail which don't come free. That's why only about 5% (figuratively speaking) makes money in the market. Since your advice is free, i shouldn't complain.
So you think calling out exaggeration, inconsistency, changing pretense and prediction are disrepectful huh? I guess you had an easy career in investment consulting as it seem clients haven't call you out. I'm not against your advice of hearing out someone's theory but what if listeners heard enough of the same, especially when that someone is talking way beyond outside his field of profession? Unlike the 1960's, 70's, 80's, 90's, we have easy access to internet now, BS can be easily cross checked. Academically, technically, high school grads can learn more in 4 years from internet (under minimal guidance and mentoring) then 4 years of brain damage from university full of libtard professors (with few exception in STEM fields). If you want respect, i advise you stay in your lane, investment portfolio advices and geopolitic, not science, technology, energy, physics, chemistry, biology, unless you have extra backing from one of your help line. You never see me talking about debt ceiling, interest rate, financial planning, etc I'm not asking you to learn new fields now at our age, leisure and siesta time are more valuable.