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Pastimes : G&K Investing for Curmudgeons

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To: Uncle Frank who wrote (6032)	9/11/2000 3:11:40 AM
From: Judith Williams	Read Replies (1) of 22706

uf <<no need to spend billions of dollars>> Nah. Why would we want any algorithm that mitigates the glorious compounding or inhibits the inexorable networking effect and the profits therefrom? From what I gather, G&K's don't mind making money. They just don't like to spend more than 30 cents without due deliberation and even then the risk/reward may not compute. JW

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