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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: techreports who wrote (44790)	7/22/2001 8:14:27 PM
From: Mark L.	Read Replies (1) of 54805

Buffett has made comments that he would have shot down the plane at kiddy hawk so he would have saved investors' money. Then how does one explain Southwest? Buffett's point was not that no companies have made money but that the industry as a whole hasn't returned a damn thing. Obviously, if you can pick the few companies which will succeed, then you can still make money. Presumably that is the ambition of this thread as regards technology. Nonetheless, it's a lot easier to pick winners with a 15% wind at your back than with a 5% wind. I guess that's why they say that bull markets create so many geniuses. <g>

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