RE: "Are you suggesting that risks that are properly identified but not quantified are not worthwhile to look at and should be ignored? Do you think, all types of risks are easy to quantify?"
Certainly, most risks are very difficult to quantify accurately, or even ballpark. Certainly, risks that are "properly identified" are "worthwhile to look at". In fact, if, after looking, an investor has no more idea about quantifying the risks than the author, the investor should probably avoid any investment.
RE: "If you come across technology company that have a "sustainable competitive advantage" over the "long-term" I would like to know."
ALTR, AMAT, ASML, KLAC, LLTC, NVLS, MXIM, XLNX. With almost all of these, "long term" has meant more than 20 years.
RE: "Startup, Growth, Maturity and Decline."
I believe all of the above are in the growth phase and 6 have 15-20 years of growth ahead. The other 2 have no growth limitations. SNDK, optimistically, falls in the 15-20 year category, the remaining life of Moore's Law for CMOS IC fabrication. |
