Thursday, February 2, 2012

Confessions of a Pattern Day-Trader -- Back From Manila Trading

I've been restricting my blog posts to the profound. Well, I've got one.  Last week on CNBC a hedge fund guru admitted that his holding of Netflix stock required him to avoid ever looking at how it was doing within his portfolio.  Just "don't look at it."

This is the most profound secret to investing.  But you seldom hear this advice on CNBC because CNBC's very business requires that people look at it!

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