Amazon Reports First Quarterly Loss in 4 Years

Re:Amazon Reports First Quarterly Loss in 4 Years by gareim on Thursday October 25, 2012 @08:13PM (#4700230)

I did something similar to this in high school a few years ago. I ended up losing to another team in the class that bought Gamestop and other related stocks. I stuck with stocks like Intel and GE. If the game had ended even a two weeks later, I would have won.

These games teach high school students very little about investing, especially long term. The other team's strategy was simply "I play video games and I like Gamestop, so let's buy Gamestop!".

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Re:Amazon Reports First Quarterly Loss in 4 Years by pyoung on Thursday October 25, 2012 @08:41PM (#4700314)

For non-professional investors, the "so let's buy Gamestop" strategy isn't necessarily a bad strategy. Assuming you are putting the bulk of your investments in low cost index and mutual funds, using a little bit of you savings to play the market by investing in companies that you are familiar with can be productive. I've had some big hits and some big misses, but overall, my picks have matched the pace of my index/mutual funds.

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