That's a great article. Warren Buffet definitely knows investing. ------------- Max Charleston SC
On Fri, Jan 1, 2021 at 5:28 PM Curt Raymond via Mercedes < mercedes@okiebenz.com> wrote: > Warren Buffet says individual stock picking is for dummies. Then he put > his money where his mouth is a proved it: > https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp > -Curt > > On Friday, January 1, 2021, 2:49:58 PM EST, Andrew Strasfogel via > Mercedes <mercedes@okiebenz.com> wrote: > > Fisher Investments ONLY purchases individual stocks for their clients - no > mutual funds or ETFs. Sounds risky, but when you think about it - they > employ a large cadre of smart stock pickers to weed out poor performers and > focus on the best of the best in a typical client portfolio. Sort of like > a turbocharged mutual fund minus the losers, and without the fees (other > than their own one percent management fee). They claim this has led to > lasting success, such as predicting 9 out of 10 bear markets. > > On Fri, Jan 1, 2021 at 2:33 PM Allan Streib via Mercedes < > mercedes@okiebenz.com> wrote: > > > Jim Cathey via Mercedes <mercedes@okiebenz.com> writes: > > > > > My friends all sneered at my decision to use the windfall to pay off > > > my mortgage, pointing out that my mortgage rate was lower than the > > > general rate of return on tech-sector investments. > > > > Yeah I feel the same way. Sure, rationally if you have a mortgage at 5% > > and the market is returning three times that, why pay it off? For me > > it's because in a downturn, the mortgage payments don't stop. In the > > course of a 30 year mortgage, there will be some multi-year recessions > > and maybe you'll even have periods of unemployment or reduced > > income. It's just inevitable. In those situations, the less debt you > > have, the more flexibility you have. > > > > Allan > > > > _______________________________________ > > http://www.okiebenz.com > > > > To search list archives http://www.okiebenz.com/archive/ > > > > To Unsubscribe or change delivery options go to: > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
