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Alan Cook

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Member Since: Jun, 2006

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Greater Fool Theory (Non fungible tokens)
by Alan Cook → (All Poetry by Alan Cook)
Monday, February 7, 2022    Rated "G" by the Author.
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How to lose your money in one easy lesson.

First I buy

much too high.

Then I require

you buy  higher.

 


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 Reviews of "Greater Fool Theory (Non fungible tokens)"
Reviewed by Regis Auffray
Reviewed on October 15, 2022
Yes! That is why I heed my father's advice and "use" the system which with he never agreed and neither do, but one has to survive somehow. As well as why I never "play" with what money I have. Love and peace to you, Alan,

Regis. 🙏🐦🦋🐘🌳

Reviewed by Ronald Hull
Reviewed on February 8, 2022
So true. History has shown that almost everything of value appreciates over time. The fool is the one who doesn't appreciate appreciation, but expects instant results.

We bought Facebook at its much lauded opening at $30 a share. Two weeks later we sold because it was $26 and dropping. Planned to buy back when it was lower in the future. Never bought it back. However, on February 2 at $232 a share, our investment would have, if $100, grown to $773.33. Even after the disastrous 26% drop last week would still leave us with a nice gain of $721.80. Still a nice bundle.

The lesson, invest early on new technology and then be patient and let it grow.

Ron


New Poetry by Alan Cook
Popular Poetry (Humor)
  1.  Little Folk, Cousins Make A Pit Stop
  2.  If I Could Be A Super Hero
  3.  Fried Chicken
  4.  An Adventurous Reinterpretation of Mid
  5.  Like Ducks in Paper Trousers
  6.  Laughing As I Flee...
  7.  A Salt and Batter
  8.  Amazing Grapes
  9.  Newfangled Things
  10.  Milkman's letter
  11.  A Writer Named Ron
  12.  Ode to Spamophobia
  13.  The Last Second
  14.  Porky Pig And Daffy Duck
  15.  My First Heart Attack
  16.  Houston Greats
  17.  Atlanta Belle
  18.  Burst Forth
  19.  Flocking
  20.  Bad Boy
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