Quote from MrsSavant:
If we could predict, how would we trade with one another?
Walther has more money than Bill Gates as he has been predicting and compounding here for ages.
It is Rumored that HarryTrader is going to buy France s soon as he gets Franz out of Jail.
Unfortunately monopoly is not the same as the real world.
What is forgotten with the prediction business is that it becomes a "black box" and one looses touch with the real world. And the next thing that happens is that you have no feeling at all over the risk:reward ratio. Have been there, done that and never going there ever, ever again. When these things go off the rail they do it in a spectactular way.
Far better to learn to understand and "read" the markets, far more rewarding. But then that is hard work and takes many, many years. And fortunately the "iWant" society wants it yesterday and does not want to work for it. It also helps that all these kids grow up with computers and calculators and need a calculator to give you the change at the checkout. World wide dumbing down of the intellect with no ability to think for themselves or to reasoning. (plus they have a very, very short term attention span and hardly any long term memory)
Saw the other day a good expression:
I used to think that a hundred million monkeys
On a hundred million typewriters
Would eventually reproduce the entire works of Shakespeare
Now, thanks to the internet,
I know this is not the case
vital statistics
Edit: batterup: is cognitus not a (mythical ?) figure in the cartoon strip of Asterix? Are you sure it is not Proflogic/ Charlie Dow in disguise with his nonsense?
