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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: chaz who wrote (6541)	9/18/1999 3:13:00 PM
From: gdichaz	Respond to of 54805

To my predecessor chaz: Couldn't agree more. It took me years to see clearly that concentrating on the best performing stocks, narrowing and narrowing down to fewer and fewer star performers is the way to go. This was in my Intel, Microsoft, Cisco days. (And of course well before the Gorilla Game was written) I then decided to narrow down into leading edge technologies and concentrate in leaders in them. After considerable research a few years ago I decided coming from a networking base (Cisco et al), that a broad data delivery system which I saw telecom becoming with the movement toward the convergence of networking and communicating was were I would devote my time, effort and money. Over time it seemed to me that wireless and fiberoptics were the best bets within the overall telecom/networking data field. This is how I came to the Q. And to JDSU. I still spread my net widely to test and learn to spot future winners within wireless and fiberoptics, but that is with a minor part of the total. And just so I pay real attention - given my limited attention span. :-) Agree that broad diversification, while superficially "safer" is fooliish for all but the most risk adverse and least willing to learn. Strongly support your view. Cha2

To: chaz who wrote (6541)	9/18/1999 5:52:00 PM
From: mauser96	Read Replies (1) \| Respond to of 54805

Right. If one wanted that kind of diversification why not buy Vanguard Index 500 for no commissions and minimal management fees? The more stocks , the less you know about each of them and the more decisions you have to make. I'm all for putting yourself in a position where there aren't that many decisions, each of which has a fair possibility of being wrong. That kind of position allows for some diversification (5 to 10 stocks)without over doing it to the point of mediocrity. Most of my money is in 4 stocks, the others are lagniappe.