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Pastimes : John Dessauer's Investors World
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To: Henry Richardson who wrote (1740)10/21/1998 3:49:00 PM
From: Wren   of 2346
 
Henry, the stocks that you picked yourself were all momentum picks. JD is a value picker. Momentum stocks give immediate returns (until they run out of momentum). Value stocks unusually take a time (several months or even a year or more) to begin the climb (assuming the picker is right about the change that he sees coming and on which he bases his pick)

I wish all my buys in 1995 through early 1998 had been momentum picks.

Congratulations on yours.
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