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Non-Tech : The Critical Investing Workshop

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To: Mannie who wrote (18310)5/11/2000 4:37:00 PM
From: Boplicity  Read Replies (2) of 35685
 
Depending on your time horizon, playing the G game can work against you. Say for instant, MSFT for obvious reason your money is dead while they drag the litigation process out. Or CSCO, and it's over valuation and possible optical sea change to it's model. While you wait under the security blanket of LTB&H that the G game has you believing in, for the price to come back, a new technology or market condition could change on you and your money will be dead for year or more, or worse never get back to the level the stock peaked at. If you can accept that kind of inefficient use of money, then it's ok, more power to you. We could of very well witness the best market conditions of our life time to sell into, so an opportunity could of been lost while you wait. I'm believe that last sentence is not true, but it's something to think about years from now.

Greg

p.s. Note to UF, we have been around on this already so lets not do it again. Please. What has transpired is exactly what I was talking about during why is greg on this thread, The G&K lost weekend. <g>
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