Paul,
First, probably you should have posted this on G&K
thread. I don't see a point of critiquing the guys
behind their back. I believe they can stand for themselves.
But, since you addressed your message to me, I'll answer.
>Is anybody on the G&K thread making any money on the G&K picks?
Yes. I am. Do you want a laydown of my buys and sells?
>Since it's been difficult to lose money
>(so far anyway -g-) with any Buffettology
>(i.e Buffett) stocks from this thread though,
>I count my blessings I'm not a G&K adherent.
Yes??? How about KO @ 80, G @ 60, MRK @ 90?
Anybody who bought these true-blue Buffett stocks at
these prices and has a profit?
It's the same with G&K. You give links to their 2K
portfolio, yet you (intentionally?) omit their
1999 portfolio that still has quite a good gain:
siliconinvestor.com
I believe it beats S&P and QQQ.
Anyway, since I'd like to get something constructive
from this exchange, I'll claim that G&K without
valuation - as Buffettology without valuation - is
rather risky proposition. That's why I play G&K with
the same value criteria as I play other stocks.
So I agree with your critique of buying QCOM at current
price, but I disagree with the dismissal of G&K CONCEPT
just because most of the G&K stocks are currently
overvalued. I own EMC and INTC if you want to discuss
two examples that I believe to be undervalued.
We can even discuss them on this thread.
Good luck
Jurgis |
