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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: AJ Berger who wrote (14981)3/13/2001 8:04:17 PM
From: RockyBalboa  Read Replies (1) of 18998
 
Yes, the fund manager who peddled funds to me also taught me that its "correct" name is cost averaging.

On the other hand, in my profession the people tell me that this increases the Value at Risk by far..., whereas my brother compares it with "downfunding" (later stage funding at lower, not higher prices than the earlier rounds).

In any case, good luck with it, maybe the bouncing NTIQ albatross takes it under its wings. my personal view was that a 40% underwater under the first position was a tad too much for my stomach...
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