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prospectorI read a quote in an article recently which stated, "What Wall Street is about is smart guys thinking about ways to make money from dumb ones." That quote is attributed to one John E. Fitzgibbon, the publisher of an online newsletter, in an article from Eric Dash via The New York Times. While Mr. Fitzgibbon's remark might validate special investing skill on the part of some smart and timely investors, I take exception to the notion that all those investors who lost money in the markets over the past year are the dumb ones.

The question now is, where is the smart money headed?

Continue reading Investing in 2008: Where's the smart money going?

Investing in 2008: Where's the smart money going? originally appeared on BloggingStocks on Tue, 01 Jan 2008 16:10:00 EST. Please see our terms for use of feeds.

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