>> the well meaning advice of some of the crusty venerables here led many newbies to hold gorillas at prices that appear now, in hindsight, to be rediculous.
I find that remark to be inaccurate and insulting, both to the old timers and the newcomers, who are portrayed as mindless sheep by implication. I'd suggest you review the thread archives from late 1999 through March 2000, taking particular note of the many messages of caution posted by the "crusty venerables", and the informed decision making process of the newbies. This is not the Ask Mr. Wizard thread, and we have conscientiously avoided investment guidance, despite numerous requests to do so. It is my belief that those who took positions in g&k stocks during the high valuation periods did so using their own best judgement. If any of my threadmates feel this is not the case, I'll re-evaluate that position.
Based on some of the posts in your archives, I was pleased you had decided to contribute to our discussions, even though (or maybe because) your approach is so different from Gorilla gaming. But rather than contributing to the group discussion, it's beginning to appear that you are more interested in using our forum as a bully pulpit from which to preach your personal theme of "correct" investing. I draw this conclusion from the ill founded assumptions, self aggrandizing statements, and now, accusatory remarks that have crept into your posts.
If it's your intent to save this "flock" from inept leadership, you can save your energy. No one's leading anyone on this board; we're just a group of equals with a common investing orientation sharing information and insights.
>> I will close now and say that such a tool does exist.
Nice teaser ad. What's next - an offer for your newsletter? Thanks, but I'll pass.
Prosperous Value Investing/Market Timing, uf |