TheHumanAlphabet
1/30/2008, 02:56 PM
This Mistake Could Cost You a Fortune
By Austin Edwards December 28, 2007
104 Recommendations
Three great things happened this year.
My shares of Transocean (NYSE: RIG (http://caps.fool.com/Ticker/RIG.aspx?source=icaedilnk9950012)) returned 84%.
My shares of Freeport-McMoRan (NYSE: FCX (http://caps.fool.com/Ticker/FCX.aspx?source=icaedilnk9950012)) returned 95%.
Oklahoma knocked off then No. 1-ranked Missouri in the Big 12 championship game. The BCS isn't fair -- and neither is the stock market
My grandfather played football for Oklahoma, so I'm a diehard Sooners fan. And I'll root for them whether they're playing in the BCS National Championship or the SDCCU Poinsettia Bowl.
In sports, sticking by your team through the ups and the downs is a virtue. Just ask any Red Sox fan. Wall Street, though, is a different ball game.
For proof ...
Just ask any "fan" of Countrywide Financial (NYSE: CFC (http://caps.fool.com/Ticker/CFC.aspx?source=icaedilnk9950012)) or Washington Mutual (NYSE: WM (http://caps.fool.com/Ticker/WM.aspx?source=icaedilnk9950012)) -- both down more than 65% this year.
Or ask Jim Cramer. In his book Real Money, he reminds investors, "This is not a sporting event; this is money. We have no room for rooting or hoping."
... Fool contributor Austin Edwards ([email protected]) owns shares of Freeport-McMoRan and Transocean. He dedicates this article to his grandfather, Summie S. Kidd. Dolby Laboratories, Netflix, and Quality Systems are Motley Fool Stock Advisor recommendations. Washington Mutual is a Motley Fool Income Investor recommendation. The Fool has a disclosure policy (http://www.fool.com/help/index.htm?display=about02).
Cool.
By Austin Edwards December 28, 2007
104 Recommendations
Three great things happened this year.
My shares of Transocean (NYSE: RIG (http://caps.fool.com/Ticker/RIG.aspx?source=icaedilnk9950012)) returned 84%.
My shares of Freeport-McMoRan (NYSE: FCX (http://caps.fool.com/Ticker/FCX.aspx?source=icaedilnk9950012)) returned 95%.
Oklahoma knocked off then No. 1-ranked Missouri in the Big 12 championship game. The BCS isn't fair -- and neither is the stock market
My grandfather played football for Oklahoma, so I'm a diehard Sooners fan. And I'll root for them whether they're playing in the BCS National Championship or the SDCCU Poinsettia Bowl.
In sports, sticking by your team through the ups and the downs is a virtue. Just ask any Red Sox fan. Wall Street, though, is a different ball game.
For proof ...
Just ask any "fan" of Countrywide Financial (NYSE: CFC (http://caps.fool.com/Ticker/CFC.aspx?source=icaedilnk9950012)) or Washington Mutual (NYSE: WM (http://caps.fool.com/Ticker/WM.aspx?source=icaedilnk9950012)) -- both down more than 65% this year.
Or ask Jim Cramer. In his book Real Money, he reminds investors, "This is not a sporting event; this is money. We have no room for rooting or hoping."
... Fool contributor Austin Edwards ([email protected]) owns shares of Freeport-McMoRan and Transocean. He dedicates this article to his grandfather, Summie S. Kidd. Dolby Laboratories, Netflix, and Quality Systems are Motley Fool Stock Advisor recommendations. Washington Mutual is a Motley Fool Income Investor recommendation. The Fool has a disclosure policy (http://www.fool.com/help/index.htm?display=about02).
Cool.