Comments on: And We’re Supposed to Take Advice From These Guys? http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 25 May 2012 12:23:16 +0000 hourly 1 http://wordpress.org/?v= By: AJC @ 7million7years http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256707 AJC @ 7million7years Thu, 20 Mar 2008 16:56:31 +0000 http://allfinancialmatters.com/?p=2377#comment-256707 We're not supposed to take investment advice from these guys at all; as the World's Greatest Investor says 'ignore the mutual funds and simply buy and hold S&P 500 or similar Index Funds' OR invest like WB himself does: find stocks that are currently undervalued in 4 or 5 companies that you love and hold on to them (read: Rule # 1 Investing by Phil Town). We’re not supposed to take investment advice from these guys at all; as the World’s Greatest Investor says ‘ignore the mutual funds and simply buy and hold S&P 500 or similar Index Funds’ OR invest like WB himself does: find stocks that are currently undervalued in 4 or 5 companies that you love and hold on to them (read: Rule # 1 Investing by Phil Town).

]]> By: Roman http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256668 Roman Thu, 20 Mar 2008 15:33:53 +0000 http://allfinancialmatters.com/?p=2377#comment-256668 "should" we not really, most of these people are just lucky when doing there picks. THERE ARE some that do knwo what they are doing but not enough. “should” we not really, most of these people are just lucky when doing there picks. THERE ARE some that do knwo what they are doing but not enough.

]]> By: Kent Irwin eFinPLAN http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256602 Kent Irwin eFinPLAN Thu, 20 Mar 2008 13:09:54 +0000 http://allfinancialmatters.com/?p=2377#comment-256602 "Should we take advice from firms whose stock value decreases?" is an interesting question. Any firm will have a decrease in stock at some point in time. What may be interesting to know is which firms have had a significant drop in stock value because they held a too large percentage of an asset that had greater risk than their experts had previously estimated (e.g., Bear Stearns)? To evaluate the value of firm's advice, it might be interesting to know if they have recomended lists of investments such as particular stocks or mutual funds - and how well they perform. “Should we take advice from firms whose stock value decreases?” is an interesting question. Any firm will have a decrease in stock at some point in time. What may be interesting to know is which firms have had a significant drop in stock value because they held a too large percentage of an asset that had greater risk than their experts had previously estimated (e.g., Bear Stearns)?
To evaluate the value of firm’s advice, it might be interesting to know if they have recomended lists of investments such as particular stocks or mutual funds – and how well they perform.

]]> By: JLP http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256245 JLP Wed, 19 Mar 2008 18:32:44 +0000 http://allfinancialmatters.com/?p=2377#comment-256245 Spokane Al, Although it's hard to tell from my writing, I was trying to be facetious. Still, one has to wonder about the advice one is receiving from a firm that is going bankrupt. Spokane Al,

Although it’s hard to tell from my writing, I was trying to be facetious. Still, one has to wonder about the advice one is receiving from a firm that is going bankrupt.

]]> By: Chad http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256243 Chad Wed, 19 Mar 2008 18:25:45 +0000 http://allfinancialmatters.com/?p=2377#comment-256243 Exactly. Exactly.

]]> By: Spokane Al http://allfinancialmatters.com/2008/03/19/and-were-supposed-to-take-advice-from-these-guys/comment-page-1/#comment-256233 Spokane Al Wed, 19 Mar 2008 18:07:09 +0000 http://allfinancialmatters.com/?p=2377#comment-256233 I don't see the link between stock price performance and investment and financial planning advice. There are a number of companies in that group who's share price has dropped because of the fall out in the sector. Again, this has nothing to do with the quality of advice offered. I don’t see the link between stock price performance and investment and financial planning advice. There are a number of companies in that group who’s share price has dropped because of the fall out in the sector. Again, this has nothing to do with the quality of advice offered.

]]>