Quote:
Originally posted by tabs
U Boyz are about as informed as a Chicken on its way to the Processing Plant...
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That's a good comment about the record in the Dow too. There are a lot of "investors" (Baby-Boomers knowing they have to try to save and invest something for their looming retirement) putting money into mutual funds (they've been told that is the way to invest) and in some cases making individual stock purchases without really knowing what they are doing.
There are a lot of managers of funds and individual investors who are pretty "clueless" and just follow the general "ebb and flow" of the crowd putting their money were everyone else is putting theirs.
Very few are doing any independent serious due-diligence before investing. Very few would even know how to do it.