[Rhodes22-list] John Shulick - I draw a distiction

[Rik Sandberg]

John,

> I wonder why all these so called "talented people" think they're worth so
> much when their advise was so lousy.
I'm sure no economic expert either, but I find getting useful, timely 
advice from the MSM talking heads is virtually impossible. Anything they 
say is at best late and at worst, mostly wrong.

If you'd like to find more prudent info than it is possible to find on 
the tv there are a few places you can start looking.

Here's a great blog

 http://globaleconomicanalysis.blogspot.com/

Here's a good source of information and many excellent books. I just 
ordered "Economics In One Lesson" by Harry Hazlitt through these folks, 
that is proving to be a very good read (I wish our new president was 
reading this) which gets right down to the basics of our current problems.

http://mises.org/

Lots of news and commentary in here.

http://www.prudentbear.com/

I hope these will help with the frustration.

Rik

"There is no such thing as luck. There is only adequate or inadequate preparation to cope with a statistical universe." ... Robert Heinlein



John Shulick wrote:
> Rik,
>
>  All I've Heard for years is the place to make money is in the market. Buy
> and hold was the phrase I heard all through 2001, 2, 3, 4 and how well
> people were doing in real estate. Seems the only people to benefit were
> those who already had money in the first place. I'm so glad I didn't follow
> their advice.
> I wonder why all these so called "talented people" think they're worth so
> much when their advise was so lousy. But then again I'm just a menial
> laborer what the hell do I know about such advanced and subtle forms of
> theft. Is that the true value of a higher education? To be able to
> rationalize and explain away the destruction of the greatest country on
> earth for personal gain. 
>
> Thank you for your concern,
>
> John Shulick
>
>
> John,
>
> Ironic?
>
> Not sure what privately held SS accounts must have to do with the stock 
> market. Yep, GWB seemed to want to encourage people to invest their 
> savings there .... doesn't mean one would have to do it that way.
>
> Sorry for your loss, glad it wasn't as bad as some.
>
> Rik
>
> "There is no such thing as luck. There is only adequate or inadequate
> preparation to cope with a statistical universe." ... Robert Heinlein
>