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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Pirah Naman who wrote (44917)7/25/2001 1:36:36 PM
From: Mike Buckley  Read Replies (1) of 54805
 
As much as we humans are wrong, we should maintain humility (pretty easy recently) and know that we are going to be wrong going forward. As will our fellow humans, however bumbling or eloquent they seem. Given this, seek a margin of safety. You can do this through valuation, or you can do this through digging deeper and placing less reliance on the writings of others. Or ideally, both.

Frame it. Hang it on the wall. Put a 24-hour spotlight on it. Read it every day. And thank Pirah for that.

--Mike Buckley
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