Monday, April 28, 2008

I Am a Stock-Picking Genius

Some years ago, before I became a believer in index funds, I bought some stocks for a rollover IRA account. Well now, guess what one of those stocks was: Wrigley!

Mars and Warren Buffett did not consult me before making their acquisition of this fine company.

Alas, I was not such a genius that I bought more than 100 shares, but no need to dwell on that, or the fact I was just blindly following a Standard & Poor's recommendation. This was, in fact, pure luck, which is what distinguishes genius stock pickers from the rest of us.

© 2008 Gary Weiss. All rights reserved.

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