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Strategies & Market Trends : the times they are a-changin'

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To: teevee who wrote (66)2/16/2002 9:31:48 PM
From: marcos  Read Replies (3) of 145
 
This is about where i'm at with a Bronfman production or anything controlled by some grossly outweighing gorilla ... remember when Mountain Province was like five loonies or something and it then went UP on announcement of a deal under which deBeers got to pull every string and batten every hatch from then to eternity? - that was irrational, if i'd had stock that day i would have bailed .... just don't want to be a hanger-on to coattails like that, it doesn't pay ... notice if you will that neither Rhodes nor other dynasties got as rich as they did holding minority positions in such things, no they took on their own initiative the time-honoured free enterprise route of pure international intrigue-theft and rumrunning and the like

tyke, the above is sort of in response to your post on the aur thread - #reply-17060635 ... i just think the gains are capped on anything like this, you lose the blue sky you get with independents ... in many cases you have less risk as well, this is also true ... but all in all i prefer to pay my nickel and take my chances with people who don't greatly outweigh me
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