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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

Nov 19 3:59 PM EST

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To: waverider who wrote (35425)	7/17/1999 7:35:00 AM
From: Mike Buckley	Read Replies (1) of 152472

Rick, That was a very classy real-life demonstration of your point. For the record, as much as I admire Lindy, I would never invest the way he does. Though I have confidence in his decision-making abilities, I couldn't sleep at night being 100% invested in any one stock even knowing I was following his lead. More important, I strongly believe in the idea that we take control of and be responsible for our own personal finances. (On a thread like this in which everyone is probably doing that, that statement might seem corny. ) I can't boast Lindy's 100%+ gains for the year. But I can boast that I'm sleeping very well at night with my ten stocks and 50%+ gains for the year. The difference of 50 percentage points between the two portfolios is my cost of sleeping well -- a cost I'm happy to pay because it makes me even happier than the 50% gains. In summary, I think you and I are on the same page. -=Mike Buckley

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