"never listen to analysts; had I listened to them around summer 98, I'd have been loosing (sic) money now."
My inner alarms usually activate when I hear someone say never, never, or always, always.
I think people who spend a great deal of time researching an industry segment, such as Semiconductors, or telecommunications/networking equipment (Mr. Fun) may have plenty of useful information to share. Whether or not they have separately drawn the right conclusions from this information or whether we as investors choose to agree with their conclusions are separate issues. So the notion of instantly turning away from what someone may say, because they are an analyst, violates my sensibilities. But I do proceed with caution; caveat emptor. I think there are others here who share that opinion, which is why Mr. Fun and Tero were welcomed to the thread by our Thread Leaders, even if we may draw conclusions different from theirs.
One of the more profound things relevant to securing information I have read is:
"I try to seek the kernel of knowledge in every intelligent poster's position, and use it to grow my personal wealth." - Uncle Frank
Speaking more broadly to the thread, and especially to newbies to investing, I wanted to share something else on the topic of information.
Since late last year, I have begun to listen to conference calls. This is time consuming, but fascinating, and provides insight and forward guidance. It also gives you a chance to hear how analysts are thinking. The kinds of questions they ask provides insight into what may be the future pitfalls that lay ahead.
Listening to conference calls, or reading even the news, may go against the grain of very LTB&H, and not be relevant to pure Gorilla Gaming when investing in the Gorilla (that's fine for some; I respect their right to advocate that for themselves).......but it has been valuable for me in trying to get up to speed in learning about companies, technology, the movement of markets, etc.
If you have never listened to a conference call before, I would recommend you pick your favorite company that you want to better understand, and try it.
Lastly, someone here generously recommended going to a certain website to download a slide talk by Geoffrey Moore of the Chasm Group. I did that, and finally got around to reviewing the slides, "Standards and The Gorilla Game". I thought it was a great way to refresh myself on GG principles in the time it takes to fly from Boston to NY. A great site:
fuji.stanford.edu
Apollo
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