% | $
Quotes you view appear here for quick access.

Diamond Foods, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • livermore1929 livermore1929 Dec 19, 2011 8:08 AM Flag

    The big swing..................

    Livermore also said that no other class of investors has lost more money than buy and hold long term investors, to that case he brought uo various railroad stocks.

    He was an extradinarily complex guy, and one that should be studied intently.

    I've read the book six times and each time walk away saying, nothing has changed.

    Jessie's favorite book - extraordinary delusions and the madness of crowds.

    There should be livermore clubs like there were once Lincoln clubs.

    His remark that investing is no place for the mentaly lazy, stupid or get rich quick schemer is still precient.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • SO he bought into a dying business like railroads. It's kind of like investing into Garmin today. Company that has nothign to offer for upside. If your smart and invest in solid companies with a variety of revenue sources you will see profits from long term investments.

      So yes you need to do your homework and not be lazy.

37.560.00(0.00%)Feb 26 4:00 PMEST