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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (36057)12/7/2000 12:14:00 AM
From: TheHaj   of 54805
 
When I read your post I just sat in silence for a while, humbled by your honesty and openness. But you're much too hard on yourself. Reading about your euphoria and conviction in the Q last Nov/Dec helped me to decide to take a big plunge and actually buy a stock valued at $432 per share. I still hold those shares and haven't regretted doing so.

Applying the principles of TFM has tested the faith of many this past year, and it's tenets are true for the long term. Due to circumstances much beyond your control, you were forced to rely on short term market appreciation to devastating effect. I too fell into that mode (although a little more voluntarily) as I invested my family's entire liquid assets into the market Dec-Jan in hopes of raising enough capital to finance the building of our dream cottage in 2000.

Needless to say, those hopes were dashed and the likelihood of realizing our plans in 2001 look pretty bleak right now.

Your new course of action aligns well with the LONG TERM part of LTBH, and I sincerely wish you much future success. I've no doubt that you will look back to these times in future and realize in hindsight that all your decisions(positive and negative) were sound at the time they were made. Please don't allow an out-of-the-ordinary 8 month time frame to shake your confidence.

I would be honoured to meet you someday.

TheHaj
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