12-08-2014, 01:26 PM
(12-08-2014, 11:07 AM)Be Here Now Wrote:(12-08-2014, 10:48 AM)Vincenzo Wrote: I saw a headline on Yahoo Finance that hedge funds are betting the rout in oil is coming to an end. I don't place much stock in what I read on Yahoo Finance, but I was wondering what your thoughts were.
Hedge funds are getting it wrong more often than right. Plus, they are not investors in the sense of Graham and Buffett, they are speculators. Ignore them, do your own due diligence, follow your plan, don't over-pay.
This! What 'Be Here Now' said. Stop paying attention to the talking heads on CNBC and the so called "analyst". Most of them did not see the housing crisis coming and fortunes and lives were lost.
Look for solid blue chip companies that can weather storms and if they attractively priced, buy them. Do your own due diligence before investing instead of listening to traders. Hope that helps.
R2R