Tuesday, July 21, 2015

"Hey, man. Looks like you can pick some numbers."

This is what the cashier at the local 7-11 might tell you if you tell him you have $10 and would like to play the state lottery.

July 16, 2015
Looks like Trump can pick some stocks

Trump's total self-reported profit on stock sales in 2014? More than $27 million.

How did he do it?

How did a person reportedly worth $10 billion manage to make $27 million in the stock market in a year when the S&P 500 was up 11%? How did his profit reach nearly 0.3% of his net worth?

Let's ask that same 7-11 cashier what he might have told Trump at the start of 2014 if Trump had told him that he had $10 billion and wanted to play on Wall Street.

"Hey, man. Looks like you can pick some stocks."

Here are a few other things that can pick stocks:

1. Kindergartners.
2. Trained monkeys.
3. Dart boards.
4. Rocket scientists.

As they say, bull markets make geniuses out of everyone.

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