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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: kx who wrote (32416)9/27/2000 12:46:14 PM
From: llwk7051@aol.com  Read Replies (1) of 54805
 
Khamdy, There are many different investment styles. Lindybill profile has a very candid report on his. First, remember he is in a tax free account so his trading is not influenced by taxes. Second, he took major risks in investing all of his funds in a stock he thought would do well at the time. Based on his profile and following his posts from the time he bought Qcom again in 1999, I would say he is a momentum trader in stocks he believes in. This rewarded him with handsome returns. He appears to have recently changed his investment style because he no longer has to take risks to reach his goal. He has reached his goal. Whether he will do as well with his new style is not important. He changed so he could sleep at night.
I personally don't invest the way he has, but I would be the last to say his decisions were bad for him. Each of us has different goals, risk tolerances, and analytical styles. Some say Warren Buffett is out dated and not up to date. I would say he is very successful and happy. In the end, you must be happy with your investment decisions. Don't assume others are correct or wrong when they make a decision. We each have different needs, goals and tolerances which make us unique.
For example, Lindybill has stated he will not buy qcom again until he sees firm orders from China. I have held a large part of my qcom because I look at a five year picture. Is he wrong? No. He is just looking at his investments in a different time frame and with a different look at risk. Will he do better. Who is to say or even care. What matters is that he has been willing to share his insight with others whether we agree or not.
Robert
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