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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (29377)12/23/2007 7:26:03 AM
From: Madharry  Read Replies (1) of 78476
 
I dont think Paul is brushing off your concerns. he is just saying he is more comfortable buying a big basket of such entities as opposed to just a couple of them, probably for the same concerns you have outlined. Of course most of us are incapable of managing a 200 stock portfolio. Brings to mind one of my tales of woe- Investing in an overseas insurnace company- london pacific that was heavily invested into hi tech startups. they were declared insolvent and taken over, not because of their technology investments but because they had a huge amount of their equity invested in worldcomm bonds. go figure!
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