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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (2174)7/15/1999 12:07:00 AM
From: BelowTheCrowd  Read Replies (2) | Respond to of 10293
 
> I am a military man so my analogy sticks to knitting. Napoleon was a great general but ran into trouble at Waterloo. McArthur also a great general ran into trouble at the Yalu River... <

Big difference. An army or a war can be lost in a single, poorly managed battle.

A diversified portfolio of stocks can easily afford (and can expect) that some losses will occur.

mg