Why people lose money in equities
This is not the first time that I writing a post that says 'why people lose money in equities' -- nor will it be the last!
Aside from the fact that revenues aren't keeping pace with profits and the latter are in many cases being pumped up by quick fixes that undermine future prospects -- as I noted yesterday in ``''Wall Street's Gains Equal Main Street's Loss?`` the reality is that equities simply aren't a bargain.