What's Behind the Numbers? A Guide to Exposing Financial Chicanery

Discussion in 'YouTube Digest' started by SilverSanchez, Dec 15, 2012.

  1. SilverSanchez

    SilverSanchez Active Member

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    [youtube]http://www.youtube.com/watch?v=G-YYwz9oSPM[/youtube]
     
    SilverSanchez, Dec 15, 2012
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  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Interesting that the first rule of:

    "What DOESN'T Work?"

    1. Dollar-Cost-Averaging.

    I tend to agree.
     
    wrcmad, Dec 15, 2012
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  3. SilverSanchez

    SilverSanchez Active Member

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    The only reason it doesnt work is (according to them) because people ineviteably try to time the market, and their income stream is not as stable etc etc - so the strategy isnt flawed per se
     
    SilverSanchez, Dec 15, 2012
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  4. trew

    trew Active Member Silver Stacker

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    Thanks for the link.

    Basically they are promoting value investing - best ever book to read on value investing is Benjamin Graham 'The Intelligent Investor' - and they quote Graham a number of times.

    VERY interesting at approx 56:00 - one is asked about gold.
    He says he expects the dow/gold ratio to return to somewhere around 2:1 before the next bull market takes off
     
    trew, Dec 15, 2012
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