No. of Recommendations: 5
As to day trading Berkshire on book and daytrading DG on its viscious cycles here's an article that may should be read. Seems 9 of 10 of us....well are kidding ourselves by daytrading and spending all day one-uppping on the forums.
jasonzweig.com - From the archives did you beat the marketGood article, enjoyed it.
This is kinda where I land:
Finally, ask yourself why you want to beat the market anyway. I once interviewed dozens of residents in Boca Raton, one of Florida's richest retirement communities. Amid the elegant stucco homes, the manicured lawns, the swaying palm trees, the sun and the sea breezes, I asked these folks ' mostly in their seventies ' if they'd beaten the market over the course of their investing lifetimes. Some said yes, some said no. Then one man said, 'Who cares? All I know is, my investments earned enough for me to end up in Boca.'And figuring out if you beat the market is pretty difficult, anyway, unless it's very obvious. I use the Quicken IRR calculation. It shows a pleasing number, and I'm happy.
As for the day-trading, who here is advocating such? I don't read every post, but I can't imagine anyone here is even suggesting it.
