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« Forecasting the Jobs Report | Main | ETF Update: Chip Stocks on the Move »

June 04, 2009

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oldprof

kerrjac -- I completely agree. There are many investment "opportunities" that have this profile!

Very astute.

Jeff

oldprof

Mark -- The Wisconsin commercial was a generalized appeal, showing a nerdy guy who was good at crosswords.

This is a bit like playing bingo. I have not done it, but I have heard about it. The "skill" is in keeping track of many cards. The regulars are experts at this.

Less experienced players can do worse than the projected odds, but no one can do better.

I am really looking for similar examples -- where people are induced to think that they have "edge" but really do not.

I hope that you can help.

Jeff

kerrjac

I'll think of this post the next time someone tells me buy something solely because of its tremendous upside.

Mark Wolfinger

Jeff,

Looking forward to more in this series.

You have my interest peaked. What did the player have to do that made it appear that skill would be helpful?

Regards

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