Just catching up with reading a few Blogs when I noticed this stimulating post on Blog Maverick. Mark Cuban comes to us with his take on the “wealth transfer” that is constantly transacting between the ignorant and the informed in the stock market.

Mark made so many interesting points that I encourage you to read the full post for yourself. I just want to quote a few points that jumped out at me:

Buy and Hold ” is the 2nd most misleading marketing slogan ever, after the brilliant “rinse and repeat” message on every shampoo bottle.

The bottom line is that unless you plan on making it a full time job to do your research and put yourself in a position to have an advantage, you are going to get your ass kicked at some point by someone who does

Funds are in the business of making money for themselves first. You 2nd.

The stock market is by definition a ponzi scheme.

[...] a stock that doesn’t pay dividends is valued like a baseball card.