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Biotech / Medical : Trickle Portfolio

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To: tuck who wrote (375)1/17/2001 11:35:44 AM
From: scaram(o)uche  Read Replies (1) of 1784
 
You've got me confused. Basis is basis, and doesn't change.

However, with this lousy portfolio manager, one has no choice. As shown, the basis DOES change.

That's why I always start off with a basis of 100K. I then add profits back to cash, take a "photo" (and give others the op to do the same), and then reinvest.

Profits add back to basis.

Pain in the rear.
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