View Single Post
  #7 (permalink)  
Old October 28th, 2013, 10:04 AM
AR AR is offline
Senior Member
Join Date: Sep 2005
Posts: 2,594


You won't find the righties here watching Frontline. Not gonna happen.

Great post though.

Your note about people at Enron dumping most or all of their retirement cash into company stock is a perfect example of the point I was making. From the time I started investing in the 60s, every single book I've ever read, advisor I've ever known has warned against doing this for all the obvious reasons. And yet so many of the best and the brightest at Enron marched gleefully off the cliff because they were greedy and drunk on the smell of their own cork.

Tough to feel sorry for them.
The most dangerous man in society is the man who has nothing left to lose. -- Saul Bellow
Reply With Quote