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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Ken Pomaranski who wrote (3787)1/7/2000 12:47:00 PM
From: Bobo Bear  Read Replies (1) | Respond to of 5023
 
Ken, you sound like a price momentum investor. Certainly the correct strategy the last couple of years. Although in recent years value investing has been synonymous with loser investing, this form of investing has also shown to provide above market returns. Warren Buffett did pretty good following a value strategy. So money does not only shift from sector to sector, but also shifts between investment strategies. Someday or some year momentum will turn out of favor and shift back to value. I certainly won't take a guess when this will start to happen. But I'm sure it will, someday.



To: Ken Pomaranski who wrote (3787)1/7/2000 10:44:00 PM
From: R. Murphey  Respond to of 5023
 
Ken, Thanks for the reasoned response.

I understand your method of capitalizing on the herd mentality as a "fast follower". It is a sound strategy.

As for CGX, maybe we'll see a slight investing paradigm shift after some of the high flyers' balloons pop and real corporate earnings become "somewhat" important again. Pendulums do return to the other side of center. I think I'll plan to welcome the herd into the elevator. Personally, it appears to be worth a trial period, as does holding a position in IOM.

Best of luck (calculated of course) on your efforts.

Thanks again.

Regards,
Bob