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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.70-0.3%11:41 AM EST

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To: Robert Rose who wrote (109799)10/7/2000 6:13:14 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
Rob, You know the problem with your new and more cautious attitude is that you cannot make excessive profits using it. I don't mean to insult you or anyone, but really the outsize success you had was not systematic or pre-ordained. Many people went broke using the same method that made you rich. but they are not here posting. You happened to gamble on absurd stocks and somehow it worked out in your favor entirely because of accidental timing. I bet you've been trying to hit another ebay many time, and it simply doesn't happen. You could never have hit 10x or whatever buying "reasonable" investments. And you won't now.

You're one of the few who won the lottery. Great. But there is no systematic way to win at the lottery. 10% a year is a great return. But you're probably not happy to be confined to that. I hope you won't dribble away your money trying to beat the odds.
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