Will the real Paul Farrell please stand up?
In his most recent installment of doom and gloom financial pornography, Paul Farrell writes:
Warning: Crash dead ahead. Sell. Get Liquid. Now.Fascinating.
Particularly when you consider these excerpts from his book, The Lazy Person's Guide to Investing:
"The only solution is to be in the market all the time and stop jumping in and out."
"Never try to time the market; it's too much of a gamble."
"The market is totally random, irrational, and unpredictable."
"Greed triggers a buying frenzy at the top of a cycle. Fear creates a selling panic at the bottom. Investors lose both ways."
and the kicker.... wait for it....
"The more I know, the more I know I just don't know, and neither does anyone else."
Another book by Paul Farrell:
The New Money A$trology Success Formulas
