Monday, September 26, 2011

Does Trading Create Any Value?

Markets are the only successful means human beings have developed to define their state of knowledge about the fundamental fact of existence for all life on the planet - scarcity. Medical research, engineering and dramatic production (my favorite "art") are all wonderful gifts; but none of them can exist without the seemingly useless activity of the people who define prices.

Posted by CP at 7:37 AM

1 comment:

james said...

I believe that attempting to time the market on a short term basis is worthless' instead I would recommend a middle of the road approach that would work much better and what would the approach be. Instead of the classic buy and hold strategy which I believe is now outdated. I would hold a stock anywhere from 2 years to 5 years.

September 26, 2011 at 4:49 PM

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