As far as my background, I don’t claim any expertise in investing, or any financial field. Earlier on, I did some studying with friends called the Foolish Collective at the Motley Fool, including taking a course on line from Dr. Aswath Damodaran of Stern U, NY. It was quite enlightening and enjoyable, and I still miss my friends from way back then.

I guess I might identify with the Black Sheep, as I have yet to fit in with any group politics, philosophy or religion. The irony with my experience with the Foolish Collective was a statement Dr. D made during the course came true. He said that before the end of the course, we would believe more strongly in EMH. By the end of the course I did, in fact so strongly, I decided to pass on individual equities in favor of buying and selling index funds.

To cut to the chase, as I can get long winded, I will offer the more I studied index funds as well as later ETFs, the more I came to the conclusion a fairly sharp economist, John Maynard Keynes knew what he was talking about when he said; “The market can stay irrational longer than you can stay solvent.”

Over the years and mega-arguments with saintly patient, heavy hitters at the Vanguard Diehard forum, I came to the conclusion trading index and low cost managed funds and/or ETFs offered no more opportunity than trading individual equities.

Pretty much what I am trying to say in this long-winded introduction is, I came to believe;

Chin