Uncle Frank:)
To:chaz who wrote (4369)
From: Uncle Frank Friday, Jul 30, 1999 9:39 PM
View Replies (7) | Respond to of 54635
>> I'm starting a make believe portfolio based on today's closing prices for the seven companies that really have my attention. (EMC, NTAP, QCOM, JDSU, RMBS, SNDK and MSFT for those who are interested.)
That's a great portfolio, chaz, but only two of your selections have been "certified" as Gorillas, QCOM and MSFT. Let me play wet blanket, and quote a few passages from the Manual:
The real purpose of the gorilla game (is) to help private investors participate in the rewards of high-tech stock gains while standing clear of the market's unnerving volatility.
Gorilla game investors should never get trapped by false hypergrowth because they invest based on actual revenues, not projections of boom markets to come.
For private investors with limited capital and a high sensitivity to risk, the gorilla is the only safe buy in the category, that all the other investments incur a much higher risk of eventually disappointing drastically.
(The GG) uses consolidation, not diversification, as its primary risk reduction strategy for long term holds.
I have drifted from the GG at times and made significant investments in Kings and Princes; it's so easy to be lured by the excellent returns one sees from companies like Dell and AOL. But if I had stuck to the game plan, I'd have been far ahead of my present returns. With non-primates, you have to figure out when to buy and when to sell; with Gorillas, any time is a good time to buy and you can hold long term.
I'm recommitting myself to the basic theme of the GG. I am a Gorilla Hunter <g>.
Frank |
