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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: DownSouth who wrote (341)2/23/1999 4:26:00 PM
From: KY  Read Replies (2) of 54805
 
Downsouth,

Question is, do you bet on one gorilla or both? Safest strategy would probably be to invest in both for now, then discard the other when it becomes clear that one has lost the battle for king gorilla.

I remember from Moore's book that when a true gorilla has yet to emerge, he recommends buying a basket of potential gorillas in the same industry. Then, trim back as each fall by the wayside. In this way, you don't miss out on the trememdous gains of the one gorilla...which will more than make up for the other selections in the long run.

Right Frank?
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