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[sharechat] some thoughts on TWR my ramp


From: "Harold J Skinner" <petzl@spamcop.net>
Date: Wed, 6 Nov 2002 09:05:16 +1100


While the entire interview is sensational, the "generic wisdom" is in the
last ten minutes. It can be paraphrased as follows
"History shows us that there has never been a time when there were MANY rich
people and FEW poor people; it is always and everywhere the reverse.

Thus when everybody thinks they ought to be in the same asset, you GUARANTEE
that the asset in question will impoverish investors. Good investors walk a
lonely road."

the inerview here
http://www.netcastdaily.com/1experts/exp110202.mp3



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