FormerXBC Inc XEBEQ

RE:RE:Whognu1 is the best talent on this board

[whognu1]

savyinvestor333 wrote: But is he the most successful Investor? Safety is one thing but performance is another. So far he has been right but lets see what happens going forward.

catchascatchcan wrote: Thanks for the consistent sane posts, that invariably, have proven to be highly accurate.  I am 41 and have seen some things come to pass in the markets that have tested my resolve.  I've learned much, but always find your posts enlightening.  You have an ability to focus on the important and appear to be able to disconnect from the emotional side of investing which is rare.  I personally learned an expensive, and valuable lesson very early on.  I was 25, newly married, and was riding high on early wins in uranium plays and micro oil/gas stocks, and of course had decided that making money in the market was easy, and that I was the second coming of christ, and would be retired by 30.  I subsequently lost almost all of my nest egg - $50K, and had to tell my new wife that I'd effectively been washed out by what I later realized to be gambling.  It was humbling, but without a doubt the best things that's ever happend to me.  That lesson along with many others, has allowed to me build a diversified portfoilio to the tune of $2-3M.  I am still a risk-on investor, but I have learned to play that to my advantage and better measure and balance risk.  With XBC I have moved from a $400K paper gain, to a $100K paper loss.  Admittedly I still have much to learn about discipline, and I can safely say that I wish I had better followed the very sane advice of Whognu.  So long story, but short message - thanks to those whose contributions preach lessons learned, and we are never finished our education.  GLTA

most successful?

no, not even close

on whatever metric you choose

but not on food stamps either

good luck