Thread: Investing 102
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Old 01-31-2014, 07:53 PM
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Interesting info and I always like your common sense, fundamental approach. This quote fits nicely, "Success is a refined study of the obvious".

I'm certainly not saying this was obvious to me but it's not some mystical game either. I'll take your advice, do my research, and place my bets.

I go into Whole Foods for lunch quite often and I run into a gentleman in his mid eighties. Many times, we discuss life and philosophy. Today we got off on stocks. I discussed with him your common sense approach and he agreed that it was a winning approach for growth. He then admitted that he had been burned a majority of his life chasing the get rich quick stocks. It was clear that he had some serious resentment. I'd say that if he could rewind the tapes 30 years, he'd be the turtle, not the hare.
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