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<p>[QUOTE=&quot;medoraman, post: 1439120, member: 26302&quot;]While not saying its 100% accurate, I would agree with that statement in regards to day trading. I know people have made money, but it would most likely be from trend following. Short term you have tons of people and computers crunching numbers. Hard to beat the house on those. Long term is where an individual investor has a chance to shine. Mr. Buffett has said his biggest asset is that he does not live in NYC. </p><p><br /></p><p>For a pundit to say never buy invidual stocks, well that is just condescending, self serving, and wrong. I wonder if he is a mutual fund manager. Nearly 80% of them mathematically are proven to never have superior returns after you calculate their costs and the tax bill from their churning.[/QUOTE]</p><p><br /></p>

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