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

To: Dr. Id who wrote (11329)	11/28/1999 2:21:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

>> One other aspect of the Gorilla Game which I've been thinking about is that it is a theory (albeit a very good one IMHO) about investing, that hasn't been tested over the long haul or in a bear market. That comment is of particular interest, JDB. When Geoff posted on the thread, he made a similar comment, despite the fact that he is trying to sell books. All I know is that Gorilla gaming was the right strategy for this moment in time. Y2K will present a different set of market conditions, and we'll need to re-evaluate, but I intuitively believe that a Gorilla has inherent advantages that will make it attractive versus other high tech investment vehicles, based on risk/reward ratio, in any type of market. If I'm correct in this assumption, the central issue will be the viability of high tech investing in 2000. Thanks for your considered advice. This is your profession and you have been most generous with your freebies <g>. uf

To: Dr. Id who wrote (11329)	11/28/1999 2:29:00 PM
From: Len	Respond to of 54805

JDB: Nice post. I have a couple of thoughts by way of response. I am heavily invested in QCOM and am scared of exactly what you discuss--the possibility that something could go wrong. This is a key reason why I monitor this thread as well as two othe QCOM threads every day. I also read everything I can put my hands on regarding QCOM. I can only hope that if something does go wrong we will be among the first to know and have the opportunity to bail quickly. I am not nearly as confident about GMST. I own the stock but maintain a sop sell order to protect my invested capital. I have long been concerned about how the posters here almost revere Geoff Moore. The Gorilla Game is a great book but blind adherence to anyone is dangerous. Sometimes I think we try to find answers in the book the way fundamentalists look for answers to everything in the bible. I do not think that G. Moore would argue that he is perfect. Respectfully, Len

To: Dr. Id who wrote (11329)	11/28/1999 2:35:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Jeff, I've got some thoughts about group-think. In regard to groupthink, to reiterate it is defined as a decision-making situation where the group suspends objectivity and careful analysis in an effort to preserve group cohesiveness. Groups don't suspend anything unless they vote on it or by some consensus-building process agree to suspension. It's absolutely impossible for an online group that is open to the world-wide public to enforce any such suspension. To take it one step farther, the example of Kennedy's cabinet doesn't apply to this forum. Kennedy's cabinet was made up of people who could be fired for not living up to the rules; the rules of Kennedy's cabinet were enforceable whereas the rules of our forum are not. Moreover, Kennedy's cabinet made decisions that affected the rest of the world. Contrast that with this forum, where there's not an investment decision made that affects anyone else in the forum (barring highly unusual circumstances involving those who might be in the same family and/or otherwise susceptible to financial decisions by wills and other legal documents and moral obligations.) Understanding all of that, group-think in an online folder is a non-issue for me. If the folder is heavily engaged in group-think, I'll decide to agree or disagree with the consensus. Either way, I'm the only person in the folder who is affected by my decisions and I'm happy to accept that responsibility. As for my posts, I'm just as happy when they confirm peoples' reasons to disagree or agree with me. It really doesn't matter which way my posts influence others or if they influence others at all. What does matter to me is my gratitude for those who participate in the process of trying to learn, opening their minds up for all of us to share facts and opinions that help each of us make our own decisions. Just my opinion. --Mike Buckley