Alfred Holzheu – online and verbose – The Main Pontifications page – The Stock Market
Alfred Holzheu – online and verbose – The Main Pontifications page – The Stock Market
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Saturday, November 1, 2008 at 10:05 PM
10:05PM
Nov 1, 2008 at 10:05 PM
Does anyone remember that the term “playing the market” is just that, no better than a horse race. Stocks have not been based on real returns for quite some time (only 30% of public stocks pay a dividend), so the “value” is a fantasy, not an investment. The DOW is just Las Vegas dressed up in a suit, and stealing just as much as Vegas.
Alfred
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“The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.” Albert Einstein