How good are you?

[777]

I wish instead of trading kept buying INTC and MSFT shares for years , as I was told some old , smart people , that"s how you grow your money . buy , don't sell....that answers your question.

Yes. If a young person bought Buffett's company periodically and did not sell for the next 30 to 40 years, he figures (barring a big human disaster) to end up wealthy.

And he could brag to his friends:

"Warren Buffett works for me!"
___

*No guarantees.

 

[Scataphagos]

I wish instead of trading , kept buying INTC and MSFT shares for years , as I was by told some old , smart people. that"s how you grow your money . buy , don't sell....that answers your question.

The first time I got enough money together, I bought a BMW. If I'd bought MSFT stock instead, I could have later bought a BMW DEALERSHIP!

If only somebody had told me....

 

[qxr1011]

How good are you?

it is not a competitive enterprise

the only person one realistically can and should compare oneself is oneself in the past

i think most of ET-ers are better now than themselves in the past, the problem is: probably most of us still unsatisfied with the rate of the improvement, we all are running against the time

 

[Simples]

A good question will ellicit good answers.

I don't compete against anyone, so don't care beyond getting meaningfully above break-even.

How good I am? I try to treat people as well as I want to be treated and innovate how I can treat environment better year by year, small baby steps.

 

[Xela]

Right now the votes are 9-yes, 10-no. Technically it should be 4-yes, 15-no.

As assumption that has any validity only if you ignore the realities of asking questions to self-selected respondents, and overlook completely the fact that your inquiry-method predicates that some are far more likely to answer/vote than others.

 

[ironchef]

I wish instead of trading , kept buying INTC and MSFT shares for years , as I was by told some old , smart people. that"s how you grow your money . buy , don't sell....that answers your question.

Well, I bought MSFT back in the dot com days for $65 a share. I still have them. @ the recent price of $75, my returns came to .8% CAGR, not counting dividends

 

[Simples]

Well, I bought MSFT back in the dot com days for $65 a share. I still have them. @ the recent price of $75, my returns came to .8% CAGR, not counting dividends

Congrats! You mustn't spend it all at once now!

 

[Pekelo]

Technically it should be 4-yes, 15-no.

Only if the responders share the same distribution...

 

[vanzandt]

Maybe ET is like a Florence hangout for artists during the Renaissance.

haha
Maybe....
Follow the money bro.

 

[Robby Luca]

Robby, have you considered the obvious?...that no one has any idea?....nor should it matter.

It doesn't matter, but I'm curious, which there's nothing wrong with that.

How abut what precent are profitable or what precent hAve clearned overy a mIllinois dollars on the las 10 years?

Yes, that would be interesting, but I wanted to see how many people on ET are realistic.

it is not a competitive enterprise

It sort of is, you're competing against everyone else.

the only person one realistically can and should compare oneself is oneself in the past

i think most of ET-ers are better now than themselves in the past, the problem is: probably most of us still unsatisfied with the rate of the improvement, we all are running against the time

Both statements are true.