Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Picking Stocks, Like Picking Ballplayers, Can Get Complicated
FYI: Picking baseball players is not that different from picking stocks.
Let’s take pitcher Max Scherzer. If the $210 million star were a stock, he might be global colossus Amazon. Pricey. Unstoppable. Scherzer’s performance after he broke his nose last month brings to mind the e-commerce giant’s retreat from a New York City headquarters.
“His broken nose is like Amazon being told no by New York,” said my baseball buddy Bob Fleshner, who is a businessman and investor. “So what? Keep on rolling.”
(Amazon founder Jeff Bezos owns The Washington Post.)
A colleague who is a huge baseball fan recently asked me to advise him on buying stocks, and I told him, “Don’t.”
