RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nat Bk Financial $14With the analytical skills that you have demonstrated, I would highly recommend that you fully rely on luck for all your activities LOL
GregC24 wrote: "
Individuals can beat the average. One important way is to be lucky. If you are not lucky then look for special situations that may be undervalued for odd reasons." That says that individuals can beat the average. It is immediatlely followed by saying an important way is to be lucky. And then, if not lucky, to look for special situations.
So, we establish a subject, beating the average. We provide our first option (luck) immediately following establishing the subject. Then we follow it with saying that if luck doesn't occur, find something else.
No where does it say "luck should not be relied upon". You are adding your own commentary. It actually says, if you are not lucky to THEN look for special situations. Meaning, wait for luck to occur, if it does not, find special situations.
Oldnagger wrote: Thanks for clearing that up for me, I usually try to express myself clearly, but obviously I should try harder sometimes !!
hobbitnobbit wrote: Your reading comprehension skills are lacking. Nowhere did he say that luck was an important way to fuel ones investment strategy. He merely mention that luck is sometimes a factor but it should not be relied upon. He suggests instead that you look for special situations where a stock maybe undervalued. In short, he is saying the exact opposite of what you claim he says.