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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: djweiland who wrote (11214)11/26/1999 6:46:00 PM
From: Uncle Frank  Read Replies (1) of 54805
 
>> At 46y.o. I'm probably older than most of the folks on this thread.

I'd say that puts you slightly below the median age of the thread. The younger guys like the Godzilla Game.

>> I'm extrmely concerned with the group think on this thread.

Read the thread for a while and you'll be less concerned. We actually have a thread psychologist who tests us for the dreaded Group Think virus on a regular basis, and we're certified clean at the moment.

>> The extreme concentration in one or two stocks (even
gorillas like Q) is a risky venture. I cheer the bravery of those who take the risk, but I fear that not all parties have truely weighed the consequences.

Uh oh, you've progressed from concern to fear. We've debated the diversification issue for months. Any regular on g&k is familiar with risk entailed in concentration. Read the portfolio allocations submitted over the past few days and you'll find very few that have elected to take a narrow approach.

>> I respectfully submit that some prudence is in order.

Prudence is always in order when dealing with one's money. We are always seeking to reduce our risk to reward ratio. If you have any constructive ideas, they will be welcomed.

uf
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