tekboy:
Gorillas only:
One of the fun discussions here is about "pure" gorilla gaming. The purest of the pure would be an investment portfolio which contained nothing but gorillas. Who among us is in that position? Let the first who is speak up?
What is the consensus on what companies are gorillas?
There isn't even agreement on that.
So let's be practical, the portfolios discussed here with that degree of purity were those that held 100% Qualcomm a while back.
Baskets:
Much bandwidth is used on "baskets" pro and con.
That Geo Moore recommends baskets when appropriate is a given.
So again, to be practical, the question is when baskets are appropriate.
And this is not only dependent on the industry or technology within which a basket might be practical, but the timing of the progression toward gorilla or king status.
Baskets are a device most appropriate early, with concentration on the emerging gorilla or king as that status become more and more clear.
I have used baskets whenever I can, since I am always looking for potential and in that situation a basket is safer. And in my experience, even those companies sold to concentrate on the emerging leader, make money - often good returns. But I often am "too early" because my primary research and analysis concerns the technology, not the individual companies within, so once I am satisfied I am in the "right place" the risk of buying "too early" is sharply diminished. Again, just my approach, not strict GG.
Broadband Holders:
This is a basket in perpetuity and therefore not a gorilla game approach at all. No sanction from Geo Moore (at least as he originally constructed GG).
That said, the question remains is this a useful device for some here whose focus is on gorilla gaming?
For someone like myself, who concentrates on wireless and fiberoptics, the Broadband Holders list is easily recognizable as a very respectable collection of "broadband" (broadly defined) companies. It reeks of potential growth prospects.
While I disagree considerably the number of companies (too many) and the weighting (a mechanical market cap approach rather than intelligent selection), this grouping should preform better than a dart board approach for sure - assuming the "market" cooperates.
While I have not looked at Bruce's Landis Tech Leaders, I respect his judgement and approach enough to do so.
Sum:
For people who take the gorilla game seriously as most do here, a carefully selected portfolio of gorillas, kings, and candidates for that status would seem best.
The primary advantage of that is that the very process of making the selections gives a depth of knowledge and understanding which makes sleeping at night sounder.
Holders or mutual funds do provide a balance or base which some here would probably find helpful, and some of those probably are already in many real portfolios here. But they are separate and distinct from the gorilla game IMO.
Best.
Cha2
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