[coldtea]

>Sure! I didn't say, "except for perhaps those who buy it," I said, "for those who invest in it."

Well, if those are statistically insignificant outliers, then "nobody" still stands, as it's a colloquialism for "very few people" or "only stupid ones" -- it doesn't really mean "absolutely no one in the history of the world".

Except if you mean people like Soros and co, speculating on national currencies (but those are few and far between too)

[njarboe]

Those few and far between opportunities is what the consistently great investors shoot for. I think I might agree with Warren Buffet and his view of investing. If you are a professional investor, patience and rare (every few years) big bets when things look very good. Otherwise, full market index funds.