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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mmbw who wrote (37501)1/3/2001 11:29:54 PM
From: Uncle Frank  Read Replies (1) of 54805
 
>> These past two years have demonstrated very clearly that investing should be long term.

Martha, that's quite an evolution in viewpoint. Early last year (or was it in 1999?), you felt that it was possible to out-trade the results of a ltb&h program. Would you mind telling us what led you to your current philosophy?

>> Once you have the stocks in your portfolio which you are confident in, that up and down emotion decreases. Not saying it goes away totally, it's just easier to take.

I couldn't agree more. Once you've done the dd to understand why you should own a particular stock, you develop a much higher tolerance for its volatility. That's not to say that I enjoyed 12/31/00 and 1/2/00; they were brutal and a tough test of conviction.

uf
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