The problem with his analogy is that it is not always a Lexus. Sometimes the Lexus turns in to a Yugo (when the stock reports bad earnings or when some corp. asset loses value) and some times it is a Ferrari (as when your miner stock gets a report of greater than expected ore concentrations.) Yes, you need to buy your Lexus when it is cheap, but it is also important to buy a Yugo before it turns in to a Ferrari, and avoid a Lexus that turns in to a Yugo.
The problem with his analogy is that it is not always a Lexus. Sometimes the Lexus turns in to a Yugo (when the stock reports bad earnings or when some corp. asset loses value) and some times it is a Ferrari (as when your miner stock gets a report of greater than expected ore concentrations.) Yes, you need to buy your Lexus when it is cheap, but it is also important to buy a Yugo before it turns in to a Ferrari, and avoid a Lexus that turns in to a Yugo.
freesk8 3 months ago
A flock of Black Swans just flew over MF Global. I wonder where they are headed next ?
TheSilverWatch 3 months ago
so the lesson is buy low, sell high?
supersupersocco 3 months ago
@supersupersocco Always.
CaseyResearchFAN 3 months ago
Will you guys ever release a video set?
NicosMind 3 months ago
Annoying bastard is me. First!
sw911iz112 3 months ago