The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/the-greek-equity-market-is-up-136-off-its-recent-30677707.aspx

Subject:  Re: Greek bonds ? Date:  5/10/2013  2:09 PM
Author:  globalist2013 Number:  34922 of 35400

The Greek equity market is up 136% off its recent low. That's serious money. 9% isn't.

CORRECTION: The Greek equities market is up 36% off its recent low, right in line with the Italian market, and probably for much the same reasons, not 136%. I screwed up by using the wrong formula, which is an error someone should have caught. But so few read what I write that mistakes aren't caught, which suits me fine.

But the point I was making was this. Like bugs to a windshield, the naive are always drawn to investment opportunities beyond their means to understand or implement responsibly, all the while overlooking the really obvious, really simple, often better-paying things they should be doing.

Charlie
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us