Another Beginning of the Whiteaura

Bro in law is taking MBA and mentioned about his lecturer, who is a Phd, teaching stocks and shares. I asked him if the lecturer himself is a millionaire or very successful in trading but he said no. The lecturer always say that he is very unlucky in the stock market.

Comes to my point. Why is it that our education system get people who are unsuccessful in the stock market to teach about stocks and shares? His lecturer has a Phd in it, so why aren't he making all the money when there are people without even a Degree and making money from the market? I was very amazed. A Phd in business, who knows everything about the stock market, how it works, about options, futures, warrants, stocks, already at the highest level in the education system can't make any money from it and can still teach. Well, he told the class that he is very unlucky in the market. Every trader or investor should know that u need to do "homework" in order to know what to buy and wat not to buy. U need to look at the financial statement of the company and analyse. If a Phd holder can say that he din earn much from the market and he is teaching the topic, there must be something wrong with what he is learning.

posted by Whiteaura II @ 3:34 PM