Louis Ruykeyser obituary  

redmustang91 57M  
8816 posts
5/6/2006 8:04 am

Last Read:
5/6/2006 11:33 pm

Louis Ruykeyser obituary


Back in the eighties and nineties Louis Ruykeser's Wall St. Weel was hugely popular and made investing sound easy. Sadly Louis was relentlessly bullish and led many astray. He did not emphasize the importance of a properly diversified portfolio and selling discipline. Many lost big time in the internet crash which began in March 2000. He was still cheerleading, when caution should have been urged. He also made a fortune promoting his newsletter and cruises.

Investing is good, but always following the latest hot stock without any protection or plan to run for the exits is dangerous. Investing is good but the practice is tough to master.

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