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Subject:  Re: Community Question Date:  9/26/2013  9:32 AM
Author:  Rayvt Number:  73328 of 100126

>> Is there anybody else in the world who cares about your money more than you do?

Neither does Mebane Faber I would trust Vanguard over him.

Right, neither does Faber. Nor Vanguard, either. Maybe your Mom does. ;-)

There is a difference between listening to an idea from someone and entering into a business relationship with them. I was (and do) recommending the former, not the latter.

Nobody will work for you more cheaply than you will work for yourself. If you can do the identical work yourself as they'd do for you, especially if it's not that difficult to do, then there is no need to pay anybody to do it.

To pull up a favorite quote:
"Everything you need to know about successful trading and investing is on the web, gratis. There are no secrets. The rules of the game are known for each of the major market approaches – momentum, value and statistical arbitrage."

Unfortunately continued on with:
"Most people simply lack the discipline to follow the rules. It is just like the difference between knowing how to get in shape and doing it. It takes strong will and a desire to make it; it takes discipline."
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