Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TigerPaw who wrote (22553)	4/11/2000 6:10:00 PM
From: Pirah Naman	Read Replies (2) \| Respond to of 54805

This is interesting. Paul Levy (Chuzzlewit) seems to have changed his thinking. He used to make quite a point of saying that projecting was so full of error that it wasn't worth it, and that as long as a company was growing profitable business rapidly, that was enough. He would even reject the idea of the use of upper and lower limits as a means of compensating for error. Wonder what experience made him change his tune. Now it almost looks as though he is at least partly using the well established method. I guess since I've jumped in from lurker mode, I should bring the topic back to gorillas. Something that has caught my attention is that when people ask if it is OK to buy a gorilla at any price, others will point out the great returns they have gotten doing just that. But in the book, the authors do point out that you can get good results from bad decisions, and bad results from good decisions, and that using the results can be a bad way to judge your decisions. If we all think about it, for every gorilla there will be some price at which we would not buy it, or would sell it. - Pirah