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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: hueyone who wrote (51940)7/9/2002 5:00:45 PM
From: Thomas Mercer-Hursh  Read Replies (1) of 54805
 
I think we are generally agreed on this thread that we want to consider complementary issues which are missing from the book as well as agreeing that the book misses the mark in a number of places. Not having a religious orientation, this is not troublesome.

But, I'm not sure even so that I would blame The Manual on losing one's nest egg. If one put 100% of one's investments in certain companies at certain times, then certainly one may have had a frightening loss, but given a shortish time span and a failure to diversify at all, one can bugger just about any strategy. I haven't seen much of anyone who was *in* the market through this drop talking about the gains they have made or even about holding even unless they happened to be good at options or something equally scary and counter-trend. The one way to have preserved capital in the recent past was to be *out* of the market, but making that call is certainly outside the scope of the manual and, as we have discussed before, not necessarily as obvious or even as wise as one would wish.
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