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getrichdietrying (83.19)

May 2013

Recs

20

Becoming a Seasoned Investor Part. 1.

May 18, 2013 – Comments (23) | RELATED TICKERS: JPM , P , SNE

It's been only six years since I started began foolish investing and so far I still have alot to learn.  Let me tell you I did not attend or receive a degree from a prestige business school.  What I have learned has been self taught extremely hard with losses amounting to tens of thousands.  The only comfort I can take away from that is I learned and that it is still only a 1/2 semester of a prestige semester at one of the afore mentioned types of universities.  Along with that I am finally on track to earning those losses back and finally be in profit. My seasonings now are:  [more]

Recs

4

Why are the rich so stupid?

May 10, 2013 – Comments (3) | RELATED TICKERS: HLF , DELL.DL , JCP

You can not help but be interested in the news makers of hedge fund gurus of the likes of Bill Ackman and Carl Icahn who hedge using other rich peoples money in their funds.  Now these two are a little different than the many other hedge funds out there who consistently loose to the market versus the S&P.  With an industry that has the rich investing in them to the tune of $2.5 trillion and loosing, why are the rich so stupid?  [more]

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