The Internet Fund: WWWFX - Fund for the 21st Century? Message Board

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Strategies & Market Trends : The Internet Fund: WWWFX - Fund for the 21st Century?

WWWFX 68.29

-1.5%

Nov 18 4:00 PM EST

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To: Skipperr who wrote (64)	4/8/1999 2:45:00 AM
From: Nicholas Thompson	of 213

Well, to each their own. Personally, that's a little too daring... We should remember that the most successful investor ever (or at least of this century), Warren Buffet, says you should NEVER invest borrowed money. That's because when share prices really get attractive you are broke. While he may have missed out on Microsoft I think we can all agree that even a 29% average yearly gain over decades is exceptional. I would be surprised if wwwfx racks up anything approaching even 50% a year on average over the next ten years. However, I agree with the enthusiasm RJ has for the internet and I have no plans to cash out gains anytime soon. Good luck!

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