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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: EnricoPalazzo who wrote (50890)4/2/2002 8:21:58 PM
From: Hector  Read Replies (1) of 54805
 
<<Look, obviously Gorilla stocks can be overpriced in a bubble market. So can real estate, retail stocks, baseball cards and tulips. This is a trivial point, >>

Why is this a trivial point? It's not trivial to the dreamers who bought JDSU at 150 or EMC at 100 or QCOM at 120, etc., etc., etc. If you buy these stocks at the right price, you'll make money. I'm sure EMC will eventually return to 100, but probably not for another 10 years.

In my line of work, you make money by buying low and selling high, not the reverse. I'll agree that these gorilla/king stocks are leaders in their fields.
So what. It doesn't lessen the pain for those investors who
bought into your philosophy in the last 2 years.
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