V.5:8 (264-268): War Stories from Commodex by Philip Gotthelf
Product Description
War Stories from Commodex by Philip Gotthelf
Unforgiving is a word frequently used to describe both markets and subscribers to stock or commodity
advisory services. When we in the advisory business make profits, it is never enough. When we
experience losses, we are never forgiven.
While most experienced investors suggest it is imprudent to attempt picking absolute tops and bottoms,
such as "crystal ball" performance is expected from "experts" who publish newsletters that cost hundreds
or even thousands of dollars a year. Hence, we try to develop market models and fundamental analysis
that come as close to perfection as possible. In addition, we must establish sufficient discipline to
effectively abandon our pursuit of the top or bottom when an approach fails or exposes us to excessive
risk.
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