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To: Stoctrash who wrote (3447)1/18/2000 4:32:00 PM
From: Bruce Brown  Read Replies (2) | Respond to of 6531
 
Fred,

Nothing against trading for those that are skilled at it - I was just pointing out that the long term has been very good to not only Wal-Mart investors, but others as well. I could list several companies that have given stellar returns for those that held through it all. Mind you, they don't match a $1650 initial investment to make millions, but $10K in all of the following stocks at or near the beginning would have yielded the LTB&H investor with millions of dollars.

Intel
Microsoft
Cisco
Dell
AOL
EMC

There will be other opportunities - that's the beauty of investing, there are always opportunities. I'm not trying to start any arguments, just responding to the Wal-Mart facts because I happen to know a lot about that company.

$4000 and change invested in Coke in 1919 (crashes included) is worth over $615 Million today. Now that's a little longer term time horizon than most of us have, but 'you never know'. Somebody reading this might have a trust or foundation set up and a basket of a few great companies might beat Coke's return over the years going forward.

BB