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Valyooo (34.75)

"People gotta" do a lot of things



August 17, 2010 – Comments (0)

I don't understand when people pick stocks and the pitch is "people gotta (insert what the company does here)"

If you think a fad is over its reasonable to redthumb it and say that nobody wants the junk anymore.

But people will pick a food stock and say "people gotta eat". So no matter what the metrics are, that makes food stocks a good investment? No.

People also gotta live, does that make houses a great investment at all times? Definitely not.

People gotta do a lot of things, doesn't mean you should invest in them all.

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