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Technology Stocks : Apple Inc.
AAPL 278.37+0.1%Dec 12 3:59 PM EST
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To: soup who wrote (922)1/22/1997 1:28:00 AM
From: LordDarley   of 213176
 
Soup, I enjoyed your postings about the technology, but how could you possibly cite Benjamin Graham as an authority on intelligent investing? Disciples of Graham have lagged this entire market.

I forget his name, but Forbes once interviewed the primary money manager for Ben Graham. Contrary to his announced philosophy, Graham entrusted his own dough to a fellow who was a great advocate of investing in not so cheap growth stocks. He made Ben a bundle.

Graham is a product of the liquidation mindset of the Depression. His advice makes sense if you are buying a company privately, but it is misplaced in public equity markets.
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