I love the story of the "pig farmer" who made a fortune from buying and selling shares.
When asked what his secret was, his answer was pretty simple. He did not study charts, he did not have a broker and he never followed the prices.
He did however get the daily newspaper but he never studied the business section.
What he relied on was the front page!
If the front page story told tales of untold riches and predictions of demand lasting decades, he sold every share.
If the front page however, had reports of financial catastrophe and losses "as never seen before", he'd go on a buying bonanza.
Reckon he's buying or selling today?
Oh, and his name was Warren someone or other...
- Forums
- ASX - By Stock
- OZL
- buying or selling
buying or selling
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)