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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.050-0.5%Nov 3 4:00 PM EST

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To: MoneyPenny who wrote (785)4/29/2004 8:40:13 PM
From: Tommaso   of 793
 
I have owned BEARX for years now. A year ago it looked wonderful--had the best return of ALL thousands of mutual funds for the previous three years. I do think that RYVNX has it beat--if you want to bet on a decline of the Nasdaq 100.

I am still holding plenty of BEARX, though sometimes I wonder if I am like those folks that built fall-out shelters in their back yards in the 1960s. I guess I am like that. I still have a letter somewhere from the New Zealand embassy that begins, "Dear Sir, Regarding your enquiry about permanent residence in New Zealand . . ."

I was thinking about escaping nuclear war.

But I guess, look at it this way: If we don't need BEARX, we will be OK for some other reason.

So how do you like southwest Florida? I have never been there, except to go straight to Key West. My grandfather, a doctor living in Tennessee, established orange groves and a small house on a lake near Orlando in the 1930s and eventually made a lot of money from his oranges--many of which he planted himself. I loved to visit that little house in the grove--and on the lake that was nice for swimming and full of fish.
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