Shero, I see your data but draw a different conclusion.
At its best, the DJIA was up about 10x this year from its 1982 base. Taking the 100:1 reverse into account,TCLN was up about 7x at its best this year from its start.
Now, the DJIA is an average, and some of its component stocks were up well less than 10x over that time period (and some were up much more than 10x).
Is that it? Is that the terrible thing Lon did? I can't imagine you are all worked up over TCLN's 7x performance lagging the average's 10x performance.
And let's not forget Davis's performance over a different time period.
And let's not forget the upside of TCLN vs. the DJIA over the next few years.
Perspective, my friend, perspective.
Oh, we almost forgot, does Lon get credit for bagging LYMÿand TNT many years ago?
Balance, my friend, balance.
Hope we get the best possible outcome in 1998, and hope it comes early in the year! |
