Comments on: The Madness of CROWDS http://pnarula.com/200507/the-madness-of-crowds/ Intense activity - in the midst of eternal calmness Sat, 11 Oct 2008 13:58:54 +0000 http://wordpress.org/?v=2.5 By: Bhulabai http://pnarula.com/200507/the-madness-of-crowds/#comment-2959 Bhulabai Wed, 21 Sep 2005 20:42:11 +0000 http://www.pnarula.com/archives/2005/07/03/the-madness-of-crowds/#comment-2959 Ilike excepts of madness of cow, but what about chapter 1, 3, 4 and 9, &10 on Random Walk Down Wall street If some body else can provide me I will highly appreciate B.N. Desai Ilike excepts of madness of cow, but what about chapter 1, 3, 4 and 9, &10 on Random Walk Down Wall street
If some body else can provide me I will highly appreciate

B.N. Desai

]]> By: Nilesh Chandra http://pnarula.com/200507/the-madness-of-crowds/#comment-2639 Nilesh Chandra Tue, 05 Jul 2005 04:00:59 +0000 http://www.pnarula.com/archives/2005/07/03/the-madness-of-crowds/#comment-2639 Patience! Patience! We lack patience. When we have patience, we do not have a diverse enough portfolio. Invest in a S&P-indexed mutual fund and over 20 years, you'll hardly find ANY stock-based fund manager who can give you better returns. Patience! Patience! We lack patience.
When we have patience, we do not have a diverse enough portfolio.

Invest in a S&P-indexed mutual fund and over 20 years, you’ll hardly find ANY stock-based fund manager who can give you better returns.

]]> By: admin http://pnarula.com/200507/the-madness-of-crowds/#comment-2638 admin Mon, 04 Jul 2005 19:46:40 +0000 http://www.pnarula.com/archives/2005/07/03/the-madness-of-crowds/#comment-2638 If it is that simple why we swaggering imbeciles fail at it. If it is that simple why we swaggering imbeciles fail at it.

]]> By: Nilesh Chandra http://pnarula.com/200507/the-madness-of-crowds/#comment-2637 Nilesh Chandra Mon, 04 Jul 2005 17:12:07 +0000 http://www.pnarula.com/archives/2005/07/03/the-madness-of-crowds/#comment-2637 Theoretically, over s sufficiently long term - yes this is true. Most fund managers cannot beat the S&P 500, which basically means that buying random stocks should provide as good returns as buying the "darlings". Stocks have better return than any other investment, but they also have the highest risk. Ultimately, what this guy is trying to say is true - no matter how much you try to make a science out of it, picking stocks and generating wealth is usually pretty simple. Theoretically, over s sufficiently long term - yes this is true. Most fund managers cannot beat the S&P 500, which basically means that buying random stocks should provide as good returns as buying the “darlings”.
Stocks have better return than any other investment, but they also have the highest risk.

Ultimately, what this guy is trying to say is true - no matter how much you try to make a science out of it, picking stocks and generating wealth is usually pretty simple.

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