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Pastimes : John Dessauer's Investors World
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To: Ralph C. Cinque who wrote (1754)10/22/1998 10:05:00 AM
From: Michael Grosz  Read Replies (1) of 2346
 
>He didn't say, "If you don't own Pokphand, I think this would be a good time to buy it." He didn't say, "Whether or not you already own it, I would buy shares in Pokphand" What he said was, "If you own Pokphand, then my advice is to buy more!" It means exactly what it says- not what you want it to mean.

What I took that to mean was if you have decided to invest in Pokphand, don't worry, this is temporary. Buy more on this dip. If you have not invested in Pokphand (for whatever reason, including your own DD), nothing has changed that will persuade you to change your mind.

Since I began reading IW, I have understood JD's advice to create your own portfolio from his selection of stocks. Like you, I have selected some losers. But *I* selected them.
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