Independent Thoughts [alnaim.com]

Follow the path of the unsafe, independent thinker. Expose your ideas to the danger of controversy. Speak your mind and fear less the label of "crackpot" than the stigma of conformity. -- Thomas J. Watson, Sr.

Sunday, November 27, 2005

A Glorified Confidence Game?

Relying on its ability to find ever greater numbers of "investors" in its stamp business, Spanish company Afinsa seems to be running a glorified, albeit legal, pyramid scheme, promising current investors guaranteed rates of return. What happens when the mania turns south? Full Article

posted by Abdulaziz Alnaim @ 11:25 AM    

2 Comments:

  • At 10:28 AM , Fahad said...

    Do you think this is worth it?

    http://www.fool.com/shop/newsletters/18/index.htm?source=isahlpbox3500003

    Thanks

     

  • At 5:47 PM , Abdulaziz Alnaim said...

    They have a good track record (though this particular newsletter isn't my style, I prefer Inside Value). If you don't want to do your homework, this is a goog alternative, but don't put all your money in it. I prefer you look at their other newsletter, Inside Value. You will learn a little bit, but they buy recommendations usually come with one page of comments/numbers only, so you won't develop a lot of skill depending on a newsletter, yet again you might not have the time/willingness to do the research yourself in which case this is probably a good option.

     

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