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Pastimes : John Dessauer's Investors World
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To: psyched who wrote (1937)12/15/1998 6:08:00 PM
From: R Chen  Read Replies (1) of 2346
 
Paul,you are right that you can't get them all right,but to give you some insight into JD's thinking I will repeat a story he told in his
literature.
He once had to arbitrate between a man and his wife. The man owned 100 stocks. His wife wanted to sell some of them. The man said,but I love all my stocks and do not want to sell any. JD was
very proud of this man.
JD is very much like this man. He loves all his stocks and doesn't
seem to realize the risk to his subscribers by failing to recommend
selling a bad pick. He does a superb job of convincing you to buy more or to hang on.It is difficult for me to understand the reason
that he recommends his his subscribers sustain a devastating losses
such as CPPKY .He should disclose which stocks he invests in and when he sells.I would like to see if he follows his own advice.
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