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Author: MadCapitalist Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76112  
Subject: Re: Asset Allocation Date: 4/7/2006 6:14 AM
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I know that I'm new to this board, but I really don't think calling the people here stupid is a very "smart" thing to do. This board is, I assume, peopled by folks who are near (or have already reached) retirement. Why on earth would they want to trade away their savings on the market? And making use of an index fund is not stupid. You need an attitude adjustment, methinks.

joelxwil even criticizes the methods used by Warren Buffett, arguably the greatest investor who has ever lived. I try to ignore him, but it is difficult to stay quiet when he continually gives novice investors poor advice while insulting everyone's methods.
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