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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (15646)10/14/2002 7:05:15 PM
From: Wyätt Gwyön  Read Replies (1) of 78644
 
i remember taking a trial subscription to his thing on Cramer's site. his pick, which was some obscure low-beta value stock (surprise, surprise), was up like 10% the day his report was published. that alone turned me off ever paying attention to his picks. he could be the greatest investor since Buffett, but if his picks go up 10% as soon as they're published, then it's too momo for me.

in his prime, Gilder's picks sometimes doubled or tripled right out of the box. short-term, this has the effect of making his results look really good. but what about the long term?
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