Investing == Predicting The Future

If you’re going to compare yourself to others (which is only rarely a good idea in the first place), be very careful to whom you compare yourself.

This isn’t personal. If you can’t beat the SPX or the RUT or the RUI, then you should just buy those and save yourself a whole bunch of time and effort. We need a metric against which to compare our success.

Tom, David, and the other “smart” people at TMF … are not necessarily actually investing to make money by investing.

Well, TMF has had the balls to create a number of real money portfolios to prove that their investment strategies would beat the market. So, even if they’re struggling, I gotta give them huge props to be willing to do this in a very up front and transparent manner. If nothing else, I think they’re learning from it, and we (or at least I since I’m spending money with them) get to learn alongside them.

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