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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: chaz who wrote (47162)9/27/2001 11:29:04 AM
From: Thomas Mercer-Hursh  Read Replies (2) of 54805
 
I have no problem with the notion of the GG, but capital preservation seems not to be what we talk about here. I am bothered by that, because the whole idea of playing the GG is to make money. Later losing it shouldn't be part of the fun. I really do feel we ought to have some sort of plausible exit strategy to preserve our winnings.

Even in the wake of the big bubble burst, one could make the argument that long term the only exit strategy we need is when to sell the gorilla because the reasons for owning it have changed. Anything else is market timing.

One rather hopes there is some middle ground, but, if you bought 2-3 years ago and held until 2-3 years from now, are you sure that you would feel the same need to jump in and out?
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