Apollo, some questions/clarifications...
<<Do not include options, puts, calls. If you are 40% Qualcomm common shares, and have 10% more investment funds in Qcom options, then just label this as being 50% Qualcomm.>>
I take it from the second sentence that the first sentence should really read, "do not include options...separately" Correct?
<<Mutual funds will be treated in the Survey as cash>>
why in the world would you do this? I can see why you would want to lump all mutual fund holdings, even QQQ, together for simplicity's sake. But surely--given tax considerations, fees, restrictions, variable performance--they are quite different from cash. Consider
this: would you say that two people who were 100% QQQ and 100% cash last month were comparable in any way?
<<what is the single best stock pick>>
I would have thought this meant from among one's own holdings, no? Otherwise why isn't in one's holdings? But you put down SNDK, which you don't seem to hold...
and finally, how should one treat margin? Let's say that one held 100% of your account in QCOM, and then bought half again as much GMST using margin. Would one list the account as 100% QCOM and 50% GMST, or 67% QCOM and 33% GMST?
tekboy/Ares@purelyhypothetical,ofcourse.com
PS I love everybody's rationales for their doubles; it's childish, I know, but having other people say nice optimistic things about my holding smakes me feel good... :0)))) |
