>> There are people here who've made $millions (and maybe have been able to hold onto those dollars) by buying the few G&K stocks. So it has worked.
That's a fact.
>> But now, I'd guess it's not working so well for most people.
You're using a very short baseline to make that determination, Paul. In point of fact, no investing approach has worked very well since April.
>> On this thread today, I see too much investing inexperience, too much margin and too much concentration.
I see a mixture of newcomers and oldtimers offering their personal experiences as object lessons for others.
>> Too much of people who don't seem to have read or understood ANY basic books on investment.
That's a bad assumption. Virtually everyone posting here has read the Gorilla Game at a minimum. If you follow this thread for a while, you'll see that we read widely, and recommend a broad range of books on investing to newcomers on a regular basis.
>> Perhaps it's participating or following this thread too closely -- getting sucked into the enthusiasm, the inevitability, and superiority, and logic of G&K stocks and the people who know so much about the companies discussed herein.
We believe in identifying great companies, Paul, and that investments in them will yield better returns than the broad market.
>> Coming to believe thread readers are a team of friends, confidants and comrades.
I confess. I believe that is the case.
>> All a very, very risky way to sustainable long-term investing profits, imo.
Would you care to propose an alternative?
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