- sell-side analysts are salespersons
- portfolio manager, plus buy-side analysts, plus sell-side analysts usually cannot beat the market, even they are highly paid.
- securities brokers are salespersons + actors, with prepared scripts.
- don't invest without considering the commission or charge you have to pay.
- 95% of 'average investors' are losers.
- it will be shame to review the accuracy of the forecast produced by those financial fortune-teller.
- think about how much you have lost, then you will know how rich you originally are.
- there are different ways to win in securities market, choose the way most suitable to you and your character.
Friday, September 23, 2011
散戶流浪記
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