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

To: MKB who wrote (10628)11/18/1999 6:48:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
>> But that is an average of about 35% annual return, assuming 10 year time frame.

We've all gotten spoiled. I could live like a king on a 35% annual return. Where do I sign up?

uf



To: MKB who wrote (10628)11/18/1999 6:56:00 PM
From: NY Stew  Read Replies (1) | Respond to of 54805
 
Uncle Frank,

But that is an average of about 35% annual return, assuming 10 year time frame.

The annual rate would actually fall between 40-41%. Very much in a Gorilla's nature.

I had to say that before Mike did. <vbg>

Regards
Stew




To: MKB who wrote (10628)11/18/1999 11:10:00 PM
From: Mike Buckley  Read Replies (1) | Respond to of 54805
 
MKB,

A 30-fold increase in ten years is an average annual rate of 40.5%, not 35%. But that doesn't change the essence of your valid point. Tell Frank not to get so excited. :)

--Mike Buckley


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