Thread: Investing 102
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Old 05-18-2012, 09:35 AM
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I will be sitting the facebook one out..

I have a portion of my portfolio in Higher risk assets, but they are one's that I understand, and I have a reason for gambling on them, and so far, I am right.

I have never been on Facebook, and I never will. I don't understand it, and if I don't understand it, I am not buying it.

I told my Wife the other day about some of our assets, and I told her that it is " Calculated Gambling". But I explain to her why we are in the higher risk assets..

People will make money, and people will lose money on Facebook , and again, since I don't understand it, I just cannot throw my money at it.. But that is just My opinion.

I need to understand everything my employees are doing..
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