Re: Buy Good Value and/or What Other People will Like?
[ QUOTE ]
It's amazing how people in the investing section of a poker website can have such a limited understanding of how long the long run is. You can't just go around extrapolating growth rates into perpetuity and convince informed people that they mean ANYTHING at all.
[/ QUOTE ]
The same could be said about some poker players views on playing poker.
There are many different trading styles represented in this forum.... stick around, you might learn something!! [img]/images/graemlins/smile.gif[/img]
[ QUOTE ]
Furthermore, how I can show you a chart of Wal Mart returning more than 75,000% over the last 35 years, and you can counter with a shortsighted statistic about their performance over the last five, is something I will never understand (please do quote this out of context to insinuate that I think history is necessarily correlated to the future).
[/ QUOTE ]
You are making an assumption... that a trader couldn't have made more by trading in and out of WMT over the same period... you are wrong!
|