HE SAID IT

For a variety of reasons, many casual investors imagine that, with a modicum of effort, they can ride wheel-to-wheel with the Lance Armstrongs of investing (a delusion, it must be said, that is actively encouraged by much of the financial press). Former Merrill Lynch analyst Henry Blodget, writing in Slate magazine

Sep 01, 2004

“For a variety of reasons, many casual investors imagine that, with a modicum of effort, they can ride wheel-to-wheel with the Lance Armstrongs of investing (a delusion, it must be said, that is actively encouraged by much of the financial press).”
— Former Merrill Lynch analyst Henry Blodget, writing in Slate magazine

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