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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Stock Farmer who wrote (44508)	7/16/2001 12:11:45 PM
From: Uncle Frank	Read Replies (1) of 54805

I asked the question of Earlie in an attempt to better understand his perspective, since I've found many disagreements are simply due to differing standards of holding periods. >> I would point out (politely at first but if necessary, then less so) that the much vaunted "Long Term Buy Hold" mentality of successful investing is not called "Forever Buy Hold" by accident. Your point is appreciated, but the threat isn't. Should you reach the stage where you find it is necessary to abandon polite discourse, I'd hope you would find a more appropriate forum. >> Maybe it's just me, but I fail to see wisdom in the word "Long" being interpreted such that any occasional selling after 6 months or (rarely) six weeks or even (more rarely) six days disqualifies an investor being "LTBH". No one has applied that standard. There are very few monks among us, and I'd guess that most have traded. My Evil Twin has been known to swing trade options, and sometimes 6 hours has been long enough to achieve his targeted returns. But the primary focus of this specific discussion group is on identifying stocks with sustainable competitive advantages over long term holding periods. uf

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