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#7
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[ QUOTE ] [ QUOTE ] [ QUOTE ] [ QUOTE ] Why are those types so ready to dismiss TA as worthless? [/ QUOTE ] because they are poor value investors and have a strong need to validate themselves. [/ QUOTE ] Neither of this applies to Buffett or dozens of value managers with multi-decade records of beating the market. These guys don't use TA, and don't need any more validation. Whether TA works or not, they'll tell you they never needed it. [/ QUOTE ] i don't consider buffett et al "those types" - and (correct me if i'm wrong) i don't think buffett would claim that TA is worthless to everyone. [/ QUOTE ] How come there are value investors in the Forbes 400 but no TA types? [/ QUOTE ] John Arnold for one. Youngest on the Forbes list, was a trader for Enron and now has his own hedge fund. |
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