Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site wivax.UUCP Path: utzoo!linus!wivax!ss From: ss@wivax.UUCP (Sid Shapiro) Newsgroups: net.sf-lovers Subject: Re: The Easy Road to Riches Message-ID: <19379@wivax.UUCP> Date: Mon, 9-Apr-84 13:37:29 EST Article-I.D.: wivax.19379 Posted: Mon Apr 9 13:37:29 1984 Date-Received: Tue, 10-Apr-84 07:39:36 EST References: <3314@brl-vgr.ARPA> Organization: Wang Institute, Tyngsboro, Ma. 01879 Lines: 16 > OK -- here you are in 1984 with your time machine and bank account and > microfiche of the Wall Street Journal. You want to go buy Xerox when it > was Haloid (or whatever), Polaroid, gold, etc., when it was at its lowest > and sell at the highest peak. How do you do it? Just going to the bank > and getting a briefcase-full of Federal Reserve Notes isn't going to > help -- most of them will date from releases later than the dates you > will be going to, and they will be considered very good counterfeits. Why must you buy when it was at its lowest and sell at the highest? A few small, known fluctuations in the price of a stock will quickly add up. You only need go back to last week to make some sensational stock manuevers (I am reasonably sure). Doing it this way you won't have to worry about currency problems, or even finding a stock broker who wants to know who you are and where you live! Just use your own. Instead of making 1 or 2 large transactions, make a few dozen small ones - also calls less attention to yourself!