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Technology Stocks : INTEL TRADER
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To: bztrader who wrote (7446)12/29/1999 1:22:00 AM
From: Berney  Read Replies (1) of 11051
 
BZ, I hope you appreciate my initials for you of KB.

Clearly, your high risk, high return style is a mystery for me. Dealing with companies at PE multiples of their revenue is beyond my comprehension; however, I have watched with astonishment.

The nature of what I have done for a living is that I have had the personal pleasure to get to really know a few folks on this planet. In most cases, it's much like the play/movie "Same Time, Next Year." We all change over time and it really is fun to watch it happen.

It's tough to deal with the intensity of the getting in touch with the Market. This is probably why so many professionals cannot beat the Market. You are almost forced to bear your soul as you understand the flaws in your personality.

Bob, I thank you for letting me a share a part of your life in our two decade relationship. I know you have had your tough moments in the Market this year; however, I urge you to keep the eye on the prize. Nonetheless, as I always say to you: you could have been in a mutual fund!

Einstein was clearly correct in his statement that the compound interest formula was the most important formula ever created. It only has three factors and we we should all consider the relative importance of these three factors in our financial and personal future.

Unfortunately, the formula does not consider whether being an Indian Guide is of any importance. You got your priorities right!

TB
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