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

To: freeus who wrote (16622)	1/27/2000 10:02:00 PM
From: Mike Buckley	Read Replies (4) \| Respond to of 54805

Freeus, But preserving capital has still suddenly become something I'm thinking about more than I was on Jan 3rd! I've always been amused that many who don't feel the need to diversify when their predominant stock is rising for some reason feel the need to do so when it is falling. --Mike Buckley

To: freeus who wrote (16622)	1/28/2000 2:34:00 AM
From: Uncle Frank	Read Replies (3) \| Respond to of 54805

The American businessman was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the fisherman on the quality of his fish and asked how long it took to catch them. The fisherman replied only a little while. The American then asked why didn't he stay out longer and catch more fish? The fisherman said he had enough to support his family's immediate needs. The American then asked, but what do you do with the rest of your time? The fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life, senor." The American scoffed, "I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds buy a bigger boat. With the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then Los Angeles and eventually New York city, where you will run your expanding enterprise." The fisherman asked, "But senor, how long will this all take?" To which the American replied, "15-20 years." "But what then, senor?" The American laughed and said "That's the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich. You would make millions." "Millions, senor? Then what?" The American said, "Then you would retire and do what you want. "Oh" said the fisherman. "Then could I move to this small coastal fishing village where I would sleep late, fish a little, play with my kids, take siesta with my wife, and stroll to the village in the evenings where I could sip wine and play guitar with my amigos."