SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 50.70+5.0%2:46 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: exhon2004 who wrote (4242)10/17/1996 1:30:00 AM
From: Lee Martin   of 186894
 
Greg,

A while back a guy I knew wanted a chunk of my money to invest with his can't lose options scheme. After watching him draw it all out on a chalkboard and explain it in great detail, all I could say was, "whatever you say boss, let me know if it works." This guy is now in about the same shape your friend is in. This guy wasted years of his life building what turned out to be a very intricate, sophisticated bomb that ultimately blew up in his face.

I've had probably a dozen cold calls from comodities brokerage houses that all had one of the "top traders" in the country who wanted me to invest a minimum of 50K in their fund. When I asked about their 1, 3 and 5 year total returns, they were all 8-12%. I told them they could do a lot better by sending me 50K. If these guys have been doing this for 20-30 years and can only average 8-12% I'd have to be a fool to think I could consistently do better on my own.

The military emphasizes the KISS (keep it simple stupid!) principle. My investing strategy is simple. (1) Identify those companies with the best management and long term growth prospects. (2) Throw as much money at them as possible (especially on dips). So far this strategy seems to be working for me.

Currently my "universe" of stocks is limited to INTC and CSCO, but I'm starting to learn more about MSFT.

Thanks for your posts and comments on prop. 211.

Good Luck,

Lee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News