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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: JC Jaros who wrote (30956)4/16/2000 2:06:00 AM
From: Steve Dietrich  Read Replies (1) | Respond to of 64865
 
"Existentially, I think an investor is predisposed to impose their ongoing 'analysis' or expert hand of active management."

As an existentialist and as a Sun shareholder, i'm not sure i've ever tried to combine the two. Except, in times like these, i'm comforted by knowing that nothing matters...

Analytically speaking, i'll be buying more stock this week, probably Monday, probably on margin.

Steve



To: JC Jaros who wrote (30956)4/16/2000 5:44:00 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
One should test an equity candidate with "if I left the planet for 5 years, would I be comfortable with this stock, having no way sell it, etc..?". After that, there's nothing more for you to do.

Last person I heard say that was Warren Buffett. You *are a dilly bar guy!

--QS



To: JC Jaros who wrote (30956)4/16/2000 5:36:00 PM
From: fuzzymath  Respond to of 64865
 
Each trade has a cost, indeed: broker commission and bid/offer spread. The spread is the larger cost, today. So, the more trades you make, the more you have to outperform the market just to stay even with it.

My main point was that the value of using "cost averaging" lies in the fact that it's an method that isolates purchases from the investor's emotions and current opinion of the market. In terms of performance it cannot be expected to outperform the "method" of an investor who receives bonuses on random days and immediately invests the money, regardless of what the market is doing.

That said, I do believe that I could prove that application of my methods to cost averaging would yield a higher long term return than standard "blind" cost averaging.

Kevin