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Posted: 12 February 2010 - 2 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ]
Category: Ask...
DO YOU KNOW ANY PROFITABLE TRADERS?
 
 
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"I don't know anyone" - OMIGSA portfolio manager.

JOHANNESBURG - The world's greatest value investor, Warren Buffett, has said that building wealth is a marathon not a sprint. One wouldn't believe it looking at all the adverts pushing trading packages with promises of easy profits. Moneyweb chats to an OMIGSA Value Fund portfolio manager about it.

 

Asked if he knows anyone that can consistently and profitably trade in the short-term, Feroz Basa says in the Market Review podcast, "I don't know anyone.  If I did know anyone, I would give them my money to do it for me."..

 

Read the rest here:   http://www.moneyweb.co.za/mw/view/mw/en/page302583?oid=346446&sn=2009+Detail&pid=287226

 

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