gotta love the prop bears....when they clutch at straws...
I mean this story was based on a study of 150,000 , 20 year old, Finnish draftees ....
so the kids, who after playing war games on their pc's, and believed their pc, war game skills were real, rushed out and signed up for the real thing...
uhmm, wow, that survey is indicative of the mainstream population....whoo hoo...
it is simply another flying pigs story
and the heads of the biggest investment funds in the world, have denounced this study as nonsense....
but the bears only read headlines, not the story behind it...no wonder they are stuck out on a limb, or rowing a boat with holes in it+
actually stocks have lost 2/3rds of their value,1/3rd in 2002, and again in 2009.... and the smart money investors have withdrawn trillions of funds from stocks for the 5th straight year in 2011
get a load of this.....
Three years after $37 trillion of global share value was erased in a 16-month bear market, not everyone considers limiting equity ownership to be a mistake. Nassim Nicholas Taleb, author of “The Black Swan,” said in October 2010 that investors should sue the Swedish Central Bank for awarding Nobel Prizes to economists such as William Sharpe for theories that made it seem like stocks were safe. He declined to comment on the study
http://mobile.bloomberg.com/news/2012-01-19/smart-money-owning-more-equities-says-finland-iq-study-of-who-buys-stock?category=
what was your contribution, to the 37 trillion in stockmarket losses?
seems like the smarter ones, with real high IQ's, have been deserting the stockmarket in droves....
those investors, with a balanced portfolio across the main asset classes, would more likely have been winners rather than losers, in the past 20 years
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