Still Have 40,000 Shares of IMMR

[David Steele]

[ QUOTE ]
until he makes a prediction about how the market thinks/acts/moves/eats/pisses/whatever and it doesn't work.


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It is not supposed to work every time just on average.

Many of us have been here for a long time and heard quite a few suggestions over the years from DS, and the record is very good.

Many of us use our own ideas in exactly the same way DS suggests and the record is again good. It is pretty much the Peter Lynch method.

The jury may be out on just how efficient the market is but if somehow the market is in fact close to perfect, it will be useless to learn all the other company evaluation skills and details anyway.

Since the market seems not to be perfect with regards to these "insight ideas" it must be better to spend almost no extra time and go for it with the ideas. Also it is in line with general laziness ( the true path to wealth).

D.