Quote:
Originally Posted by PsyLens
The concept is fine. But why not get a real financial professional's book?
Ii believe he runs a hedge fund (may be a standard fund). Oh and hedge funds are hiring poker pros to trade for them, soooo…
Quote:
Originally Posted by PsyLens
I wouldn't buy a poker book written by a stock guy (even Einhorn). Why would you buy an investment book from a poker guy?
Because people can't be successful at more than one thing? That's silly.
And again, I believe Tri runs a hedge fund.
Oh, would you buy a poker book from Bobby Baldwin? Why he's a casino operator! You don't know who he is? Guess we know your level of poker understanding.
BTW should we only buy poker math books from poker players? Poor mathematicians they don't get any respect.
Quote:
Originally Posted by PsyLens
IDK, I just dont like ETFs and I think a poker player would have more luck placing Put options
And we now know you are clueless. "[L]uck?" really? What's next throwing darts at list of stocks?
ETF's allow you to be less active in your investing. Options, and futures require far more active role, than ETFs. You should know that before advising people about them.
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Originally Posted by de4df1sh
or buying lower risk muni-bonds for passive income. (In other words, doing even more work or doing even less work would be better IMHO)
"muni bonds?" for "passive income?" Are you deranged? That's treading water, at best. If you're lucky you're keeping up with inflation. THAT IS NOT INCOME. Wow, truly bad advice.
And why are you saying you want less work for lower risk; when you adivsed…not more than one paragraph ago…TO DO MORE WORK FOR HIGHER RISK?
Quote:
Originally Posted by PsyLens
In short, I wouldn't buy it.
Yea, I think we know not to take this advice.
Wait, you didn't buy it? Then how do you know what's in it?