tag:blogger.com,1999:blog-34104702.post4472385001745621243..comments2009-07-05T10:32:05.735-07:00Comments on Intelligent investing - Insights for investors to acquire more than what you pay.: Six Lessons for Investors: Be Diversified and Don'...Berkshirehttp://www.blogger.com/profile/02415080722037608944noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-34104702.post-20775788003061572292009-07-05T10:32:05.735-07:002009-07-05T10:32:05.735-07:00Words of wisdom. Unfortunately, they most resonate...Words of wisdom. Unfortunately, they most resonate after the disaster - when they're least needed. It's like hurricane insurance: people are most receptive to "you shoulda bought some" after the hurricane, when they should have listened and acted after years of calm.<br /><br />The answer to Cato's dilemma, in my opinion, is in the time factor. The lessons of '08 won't be relevant until the next peak. How many people will even remember what they need to know by then, let alone figure out how to apply the lessons to then-current conditions?Daniel M. Ryanhttp://lowpebin.blogspot.comnoreply@blogger.com