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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Seeker of Truth who wrote (44362)7/13/2001 12:55:12 PM
From: Pirah Naman  Read Replies (2) of 54805
 
Great points, Malcolm.

I'd even go a step further. There are those who write passionately and convincingly (about market direction, about individual companies, about almost anything investing related) and are lauded for their posts. But can the reader tell if they are right? Is the writer enthusiastic about a technology based upon their expertise, or simply based upon their reading? Does the writer really have the market understanding that their prose seems to suggest, or are they merely rewriting the works of others?

LIke you said, Malcolm, we have a tendency to psychologically respond in sympathy with what is written, especially if it reinforces our own beliefs. Perhaps a good "check" on this tendency is to ask ourselves "Could I convincingly defend that position?" And if the answer is no, to suspend belief. Sometimes that pause is enough to clear our heads.

- Pirah
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