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Non-Tech : Save The World Air Inc. (ZERO)
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To: Q. who wrote (378)11/1/2000 12:45:02 AM
From: peter michaelson  Read Replies (1) of 445
 
Thanks. I think you have summed it up very well. A very professional outlook. 0.5% is pretty small, though, even for me. I might start at 2.0% or so.

Consider a position where you can tolerate a 5X spike in the price, which is actually pretty rare except in truly manic market condictions like last winter. If you start out at <0.5% of your portfolio, you can take the pain if it quintuples on you. You just have to be very confident in your judgment about the merits of the stock.
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