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Phanuthier · 01-23-2009, 02:28 PM

I think if you follow any book too literally, you are going to get into trouble. Not all of us can be Warren Buffet, to see the potential of GEICO or Coca-Cola or Washington Post when he did (and you end up buying GM or Citi today); Peter Lynch, and buying a stores stock because he saw a lot of people (and you got pulled into the high-tech craz in the late 90's); likewise, Kiyosaki is good for the "welcome to the idea of investing" crowd, something to think about and an easy read, but horrible when it comes to financial advice.

01-23-2009, 02:28 PM	#894
Phanuthier Franchise Player Join Date: Feb 2002 Location: Silicon Valley Exp:	I think if you follow any book too literally, you are going to get into trouble. Not all of us can be Warren Buffet, to see the potential of GEICO or Coca-Cola or Washington Post when he did (and you end up buying GM or Citi today); Peter Lynch, and buying a stores stock because he saw a lot of people (and you got pulled into the high-tech craz in the late 90's); likewise, Kiyosaki is good for the "welcome to the idea of investing" crowd, something to think about and an easy read, but horrible when it comes to financial advice. __________________ "With a coach and a player, sometimes there's just so much respect there that it's boils over" -Taylor Hall