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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (36176)12/8/2000 12:13:00 AM
From: Mike Buckley  Read Replies (1) of 54805
 
While going through a zillion bookmarks to see which ones I should now delete, I came across a Front Office Gorilla Game write-up I posted last May. An excerpt from it couldn't be more appropriate today:

"In this period when many people are experiencing significant short-term declines in their portfolio, the Game continues teaching us the vitally important lessons of exercising long-term discipline. Though the two years the Game has been played is a far cry from a long period, please notice that as impressive as the numbers below are, it wasn't always that way.

The Game's value declined 40% in its first five months. Not a good start.

Eleven months after it began, the game was barely profitable (by only 3.64% to be exact). During that time the S&P 500 had increased 19% and the Naz had increased 38%. Nearly one year into the Game, an investor would have been as well off leaving the money in their brokerage's money market account.

But a full two years into the Game, look at the results longer-term investing has brought to the table:

[as of May 29, 2000]

Year-to History
History Date Annualized
Gorilla Game 353.12% 10.91% 144.81%
Nasdaq 77.57% -21.24% 40.53%
S&P 500 24.09% -6.21% 13.64%
Russell 2000 -1.21% -9.39% -0.72%"


--Mike Buckley
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