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Politics : Formerly About Applied Materials

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To: Jacob Snyder who wrote (20953)	6/29/1998 12:35:00 PM
From: Katherine Derbyshire	Read Replies (1) of 70976

OT The thing is, even the institutions are wrong a large fraction of the time. Peter Lynch freely admits that only about one in ten of his picks was a winner, but that was all he needed to make Magellan Fund a legend. After a certain point, more information doesn't seem to mean better results, and after a while everyone is saying the same things anyway. Seems to me that it makes more sense to get most of the available information about five companies than to spend the same amount of time trying to get all of the information about one company. Either way, in the end you just have to trust your gut. Katherine

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