On: The Supreme Case Against Sarbanes Oxley

[jeromec]

> I think the lesson here is that people need to become better educated in just how risky the stock market is and consider that before investing anything in it.

Tell that to Warren Buffet.

[joshstaiger → jeromec]

Company financial statements are like porn to Warren Buffet (his words).

The average investor doesn't do nearly as much research or thinking about their investments.

Meanwhile, brokers and fund companies have a vested interest in making investing seem simple, predictable, and effortless.

[gamble → joshstaiger]

Not to mention that Warrent Buffet rarely buys common stock on the open market, much less mutual funds.