Have you gotten this spam?
Earn 42% Annually…GUARANTEED!
If the volatility of the stock market
makes you uncomfortable, perhaps you
should consider a safe haven where
strong annual returns are GUARANTEED..
And FULLY Secured!
For a FREE, In-Depth Information Package
regarding Accounts Receivable Acquisitions
simply reply with your name, state, and
telephone number. There is no cost or
obligation. Serious inquiries only please.
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I know you know this, but it is, ipso facto, a fraud, designed to build a sales list of gullible people. And/or designed to get them to reply with “Remove” in the subject line, in order to build an e-mail list of people proven to open preposterous spam. (Sure I opened it – for me, it’s research.)
Forty-two percent you can get – but annually? Even Warren Buffett, world’s greatest investor, has had to settle for about 26%.
And guaranteed? Gimme a break!
Sure, our Great Atlantic & Pacific Preferred J is up 75% since January 3 – but it was hardly guaranteed. Like you, I had the guts to buy only a little, if I bought any at all. And like you, I might wind up losing everything if the company goes under. It’s right about the time I begin to gloat over 75% gains that terrible things happen. (To ‘fundamental analysis’ and ‘technical analysis’ add ‘superstitionary analysis’ – which I would personally rank considerably below the former, but about on a par with the latter. It is superstitionary analysis, for example, that leads some people to favor stocks like Calton, on which we’ve also done well, whose symbol – CN – is their life-partner’s initials. The ultimate in superstitionary analysis, as you know, is to become so certain of your instincts – so certain that they are almost unfailingly wrong – that you simply do the opposite of what you think makes sense. I do not recommend this, although Seinfeld fans will recall that it worked wonders for George. In the words of my friend Joe Cherner – which may first have been uttered by George Carlin or Steven Wright – ‘A Zen master once said to me ‘Do the opposite of whatever I tell you.’ So I didn’t.’)
Have a nice day.
Quote of the Day
That I'm their competition.~Famed hedge fund manager Michael Steinhardt, when asked the most important thing an investor could learn from him.
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