Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: ltpj Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8236  
Subject: Why should we care? Date: 10/3/2006 6:31 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 5
I have to ask. Why should I care about CAPS? Seriously, the top player has hundreds of picks while he ran a quote for the last week or so from Buffet to the effect that diversification is for those who don't know what they're doing. Is the Fool seriously contending that he has made a real analysis of this many companies? Should I put my money where his mouth is?

Meanwhile, I can't pick stocks at the price I paid, only those which are available when the service is offered to me. So a Fool who was allowed CAPS months before I was games the system by banking accuracy and I'm supposed to follow these recs because they demonstrate “community intelligence”. All this while a stock like MMM has a total of 480:15 outperform to underperform rating and still has only 4 stars (“allstars” rating is 111:7).

Nothing against the leader or the Fool, but what good is this to me? If we could somehow find actual companies to buy I'd be excited, but I can't figure how this can make me money.

Flame on!

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


Post of the Day:
Procter & Gamble

Quarterly Overview Not Encouraging?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.