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Pastimes : Articles from the Internet that are Interesting

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To: Paul Senior who wrote (149)11/10/2000 8:10:12 AM
From: Jack Hartmann  Read Replies (1) of 164
 
Paul, I enjoyed reading your analysis. I agree the subject needs more work. Having read Valueline for a few years, the stocks rated 1 for timeliness have rotation every month. Also there is a diversity of stocks, not all tech. The articles main flaw is the lack of diversity for one's portfolio. Also, no one formula such as growth rate works for successful investing.
When you read Buffet or Lynch, they compared PE to historical norms, but also looked at market share, sector growth, and predictability of earnings over time.

Niederhoffer wouldn't have the space to go into details writing for MSN. A brief article on the cause of his losses.
thestreet.com

I read him because at one time he reminds me of Jeff Vinik of the Magellan fame who did poorly but own his own was up 42% this year before calling it quits.

The time frame as you mentioned is important. Many of the highest returning funds for 1999 are negative this year like Fidelity Aggressive Growth. Buffet who was ridiculated for a horrible 1999 is up this year. A bear market does wonders to a value portfolio and the opposite for a highflyer growth one.

Regards,

Jack
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