Quote:
Originally posted by scoreman
The investors you are describing above are not part of the smart money class of investors. Not saying that I am part of the smart money either, but one thing I do know is to get cautious when the herd all wants to move in one direction. History has shown time and again that the herd may move in the middle of a trend with force but gets chewed up horribly at the top and bottom.
|
smart money? most institutional investors are nothing more than sheep
smart money comes from guys like buffet. very few mutual fund managers are worth toilet paper they wipe their ass with