Quote of the day

I have some sympathy for this guy writing in The Sunday Times:

Sometimes it seems as if half this shareholder’s investment decisions — whether to buy, sell or hold — are expensive mistakes. The difficulty is knowing, in advance, which half the next decision will fall into. No wonder City cynics say there are only two types of expert when it comes to stock market predictions. Those who don’t know and those who don’t know they don’t know.

That is why this column makes no claim to have a crystal ball and, instead, sets out to report the rough and the smooth of DIY investing. There’s no one else to blame when things go wrong, and the idiot responsible is staring back at you in the mirror every morning.

Been there, done that, got the t-shirt ...