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

To: djweiland who wrote (11214)	11/26/1999 6:46:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

>> At 46y.o. I'm probably older than most of the folks on this thread. I'd say that puts you slightly below the median age of the thread. The younger guys like the Godzilla Game. >> I'm extrmely concerned with the group think on this thread. Read the thread for a while and you'll be less concerned. We actually have a thread psychologist who tests us for the dreaded Group Think virus on a regular basis, and we're certified clean at the moment. >> The extreme concentration in one or two stocks (even gorillas like Q) is a risky venture. I cheer the bravery of those who take the risk, but I fear that not all parties have truely weighed the consequences. Uh oh, you've progressed from concern to fear. We've debated the diversification issue for months. Any regular on g&k is familiar with risk entailed in concentration. Read the portfolio allocations submitted over the past few days and you'll find very few that have elected to take a narrow approach. >> I respectfully submit that some prudence is in order. Prudence is always in order when dealing with one's money. We are always seeking to reduce our risk to reward ratio. If you have any constructive ideas, they will be welcomed. uf

To: djweiland who wrote (11214)	11/26/1999 11:15:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

djwieland, I respectfully submit that some prudence is in order. Any comments??? Yes. I've got a comment. I agree. :) --Mike Buckley

To: djweiland who wrote (11214)	11/27/1999 12:20:00 AM
From: mauser96	Read Replies (1) \| Respond to of 54805

I don't think that it's group think as much as the fact that following the same methodology tends to lead to the same group of stocks. I'm one of the ones that also believes in diversification(I usually have 10 -12 stocks in my portfolio). However since so much of market performance is due to sector movement, a dozen stocks in one sector (technology) may be giving only the illusion of real diversification. Of course true diversification would give an investor about the same performance as an index fund, so why bother buying stocks? I am a bit surprised that SEBL isn't showing up in many of these portfolios. It's been a great performer. Don't just lurk- I'm sure you have something to add. PS Compared to some of us, someone 45 is a mere youngster<<gg>>

To: djweiland who wrote (11214)	11/27/1999 8:32:00 AM
From: John Carragher	Respond to of 54805

I for one would appreciate your sharing a 37% portfolio with the rest of us. It is by sharing annually that we get another perspective on investing. thanks John ps 56 year old.