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To: EnricoPalazzo who wrote (122)	7/19/2002 4:48:41 PM
From: Uncle Frank	Read Replies (1) of 562

Great post you made on the g&k thread, Ethan. Hope you don't mind my cross posting it here. Message 17765006 Yup, finding companies with sustainable competitive advantages is the key for a successful ltb&h. Most of the value investing gang don't believe in the concept, so they are forced to try to trade. I do, so I'm just taking my lumps and waiting for the investing world to get over its depressive state.

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