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Pastimes : The Rocketeers Corner

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To: Prospector who wrote (372)8/18/1998 9:15:00 AM
From: Larry Voyles  Read Replies (2) of 378
 
I crafted the RHA portfolio to follow Little Engine's Rocketeer Hysterical Average. I didn't call the stocks. If LE changes the content of his RHA, I'll dutifully change the contents of the RHA portfolio. It's his call.

Based on recent events and some "unhappy" PMs I have received recently, it may be time to wrap up the RHA. I believe the object lesson is finished and the point made.

My hope for this "lesson" is that folks will take the time to do REAL due diligence (DD, or D&D for some folks). Folks, doing "DD" does NOT involve calling the company or the IR people. Never, EVER believe ANYTHING any company says, not even MSFT, IBM or KO. Always verify. If you can't verify your DD via independent means, JUST SAY NO! Zack's, Thomson's and Edgar are just about the best places to start your research that I can think of. If they say no, just don't do it.
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