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Author: ricerFool Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: Attn: luv2earn Date: 12/3/2002 9:19 AM
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"Take risks if you feel the potential rewards justify it. Just realize that investing is a choice. Noone put that gun to your head.

"Are we entitled to recovery from the fraud (and i do agree there has been fraud) that has taken place?

"No. This is reality. When you invest in stocks, you are willfully stepping into Charlie's shark tank. Part of the function of the market, like it or not, is to shirk some of the risk from the initial risk-takers (venture capitalists, seed money investors, initial private company owners) onto new shareholders who agree to willingly take on that risk, and presumably are only willing to do so because of the potential rewards involved."

Excellent thoughts, hack. I guess this thread is morphing into a lessons learned, and overall investment psyche thread. That's cool, because these are two things which I think @ constantly as a result of this bear market.

The reality is, that I, along with most others here @ TMF, are small time retail investors. Therefore, we are totally at the whim of the big boys who run companies, funds and the like. We are such small potatoes as to be insignificant.

The only place where we can effectively manage our investments is by looking inward. Analyzing how we think and react to particular investments, and how these actions affect our overall financial plan.

I realize, now more than ever, that the market *is* like a shark tank! But a rising tide lifts all boats, so that is how I plan to make $$ by investing in the market.

rF
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