The Mudcat Café TM
Thread #106102 Message #2188655
Posted By: Amos
07-Nov-07 - 07:30 PM
Thread Name: BS: and I thought I was so smart
Subject: RE: BS: and I thought I was so smart
I well remember in 1980, putting my savings into a hot stock tip called Brewer, a company which was bound to explode when its new technology for converting biomass into fuel took off. It seemed inevitable to me. It shrank and shrank, and finally disappeared.
If I had just put the money in a stock index fund, I woulda been much smarter.
And I coulda bought Apple in its first decade, too.