SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Buckley who wrote (29390)8/4/2000 5:27:43 PM
From: Seeker of Truth  Read Replies (1) of 54805
 
Paul Johnson recommends, as does our manual, the purchase of a basket of gorilla candidates. There is a big problem with that now. We all know that various stocks have gone up 50,60, even 100 times in the last decade. But they started with quite modest price/earnings ratios. The candidates that P. Johnson is talking about are losing money or else are selling for 300-400 times earnings. The chance of growing 50 times in 10 years from that level is zilch, in my opinion. We should rather think of 5,6 or 10 times. But if that is the best gain from a candidate, and we know many candidates fall by the wayside, then it will be more profitable to buy only proven gorillas. I think the gorilla game should be revised accordingly in these times.
Other opinions?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext