Posted by Ed Gilligan on October 20, 2005 at 03:32:17:
In Reply to: a pretend lesson about the stock market posted by Ed Gilligan on October 19, 2005 at 04:37:02:
Now you take that print out after looking it up in the paper and go to the libery and ask to see the Valueline reports or Morning Star.
You must get the report on each company and find out if it make a profit for each of the last ten years. If it didn't, you forget that one. You must not kick a dead horse, it will not get up. In the report you will find other important things.
I did more reading on the Kelly system. It also talked about a man named Shannon. I think he did as I did in the stocks. I think if a person had only 1 share of stock, he could end up rich. With many companies. You only need a fue hot ones like cokeclo.
I told my wife Ellen we should sell everything and put it in stock, like cokecolla. We could buy everything back and have better. She said no. You are right, it is a wonder she puts up with me. culater
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