Quote Originally Posted by christopher leigh View Post
No I'm not just talking about random investments as anyone can see from my argument.

1)The projections are the future estimated profits of the companies.
10 years ago, technology companies were estimating HUGE future profits. Anyone remember Altavista and Lycos? Lycos was bought for $12.5 billion in 2000 and sold for $95 million in 2004

Quote Originally Posted by christopher leigh View Post
2) I can't be sure today, but neither can you, that's why you're gambling. If investments were sure things we wouldn't be in the mess we're in today, thanks to so called financial experts.
I can look at 5 or 6 different areas I expect to do well and spread the investment across them. This is not gambling, because gambling is based on random events and investing isn't.

Plenty of well-respected economists were predicting this situation in 2003 / 2004.


Quote Originally Posted by christopher leigh View Post
3) None I don't gamble on conviction.
So what've you actually been arguing about in this thread?