Never buy and hold. Not stocks, not real estate and
especially not your wife or husband. All things
can lose value and you can't take them with you when you move
on from earth. Buy things that are unpopular and out of
fashion. Never buy a hot tip from your stockbroker or James Kramer.
Use the dart throw technique. Tack the quotes from the Wall
Street Journal, stick them on your dart board and throw your dart
three times. Take those three names, make sure their earnings have
increased for ten straight quarters, they have a lot of cash and
low debt and they are not run by an Obama czar and are not in the
green zone. Buy something dirty, trashy and ugly like a scrap
iron company. They will benefit from the green idiots anyway.
Stay away from electric cars. Where do you think
electricity comes from anyway. A dirty coal plant or maybe a clean
natural gas plant. Hydroelectric and nuclear makes too much
sense. Don't go with smart. Go with stupid.
Remember, it's the government throwing our money away.
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