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Napanee, Ontario | LOL.
So Why does George Soros take a position? Because he doesn't know something? Because he has no clue? or Is it because he has a belief how it will work out?
Why did Warrant Buffet ever buy any stock? I'm sure because he never knew more than the market................. or that the market was always to complex for him to expect how it might turn out.
Yes, now that I think of it, I'm sure that's exactly how Buffet became a billionaire - by employing your strategy and not having any positions , and never buying anything because he always could never know more than the market job at pricing something. Yup, Makes perfect sense, all adds up really.
Good thing Buffet doesn't "have a mind like yours" or else we never would have heard of him.
Edited by OldMcdonald 2/20/2015 15:53
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