March 10, 2010

Same Old Story

Turn on the TV, read the paper or talk to any financial advisor and you will hear the same people repeating the same old story over and over and over again.  YAWN.
  • The market will be volatile until its not
  • This is a stock pickers market
  • You need to own this sector and not that one
  • We are buying the big diversified multi-nationals
  • The market is overpriced / underpriced
Do you know what the common theme is?

Not one of these guys can beat the S&P 500!!!  Their goal is to appear more intelligent than you, get some exposure on TV for their firm so that you will continue to give them your money for which they receive some nice fees, only to underperform the market time and time again.

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