<<As a group, we have refined one another's thinking about technology investing to the point where I would imagine few of us now fear parking all our money here.... cutting edge stuff doesn't frighten us. For me, quite the opposite is true.>>
Well said. What's really remarkable is that this is true even for laymen, not just for people who have extensive first-hand tech expertise. Index funds for safety + tech G+Ks for growth = an unbeatable investment strategy, optimizable for all degrees of risk-acceptance.
<<We have a sense of group purpose thus our individual remarks are meant to truly inform those who will see them, which is all of us.>>
In some respects this is the most intriguing aspect of the whole thing. Having finally got the "recalcitrant wife" to sit through an explanation of what this bizarre new source of investment advice is, I was hit with a good skeptical question: "Why would anonymous strangers do what you're saying they do there, rather than simply 'free ride' on the contributions of others?"
My initial answer was that even self-interested threadsters could recognize that they profit from a pooling of knowledge and information, and so had a solid material incentive to contribute wisely. But in truth it goes beyond that, and involves some kind of weird virtual community thing. G&K really is a true investment club, with equal emphasis on both words. It would be great if it--like the bull market!--could keep going on, and on, and on... : )
tekboy
PS of course, if QCOM's patents are crap or TDMA proves upgradable on its own terms and the stock plummets next month, the "greater fools" among us will personally hunt down and kill all the early investors, starting with the G+K head honchos, but that's another story... : ) |
