Originally posted by SEAJ at 20-4-2011 16:06
investing is a zero sum game ...
Oh come off it!!! ... sounds like you're using some sort of arcane redefinition of the mathematical term ...
A zero sum game is when you have to TAKE AWAY from another person the ENTIRE amount that you gain. Literally <Net change for A> + <Net change for B> = 0
Literally a "Zero sum".
TRADING is a zero sum game of course ... but INVESTING is not a zero sum game. Investing is where
<Net change for A> + <Net change for B> > 0
That's NOT to say everyone gains equally, nor even to say that every one gains in the first place - there can be (and are) still winners and losers.
And on getting advice?
Forgive me, it really did sound to me like you thought the guidance of investment professionals is more valuable than the opinion of the members here ... which I still disagree about!!!
I think there ARE people here who can give a more useful guidance than the guidance I hear from the pros.
Hope I'm not being rude to anyone - just my views ... hope that means I get fewer cold-calls from people trying to get me to put my money into their new offshore Hedge Fund ...