This thread did two very dangerous things. One, it canonized certain members... who are Very Shrewd, Well Off, and offer Sound Advice. In toppling GM from his perch as arbitrator of all things Gorilla, we unwittingly installed some of our own in in his stead...
This isn't about them, but about our reaction to them...
...then, when our idols turn out to have feet of clay, we turn on them, just as we did on GM, when what we should really question is our tendency to idolize."
If you read my post again, you will notice my mentioning a Value Line report that I was relying on. I idolized and followed no one, blindly or otherwise; I read many sources and thought about all of them before I bought.
With 20-20 hindsight this decision may appear foolish, but the truth of the matter is that at the time this decision was made these were fast growing markets and companies. My point was about emotions in the aftermath of traumatic events.
I still look forward to reading Bruce, Mike, Eric L., Downsouth (who's been seen recently on the NTAP thread!) and others with special insights on company, technology or sector expertise when they choose to write.
But I have let my Value Line subscription lapse. |
