Friday, June 22, 2007

Who's Really a Stock Guru?

Every time I watch CNBC, I tell many of my friend that I actually worked with several of the stock gurus that appear on CNBC and the other financial news channels. They're not geniuses folks. In fact, one stock guru who was one of the better people that I ever met on Wall Street told me, "I don't buy stocks, I buy mutual funds." This is the same guy that was on national tv advising us on which stocks to buy. That statement was also before all the full disclosure requirements, etc. True story, I swear!!. You don't have to be a guru to beat the pros.

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