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

To: Uncle Frank who wrote (22863)	4/16/2000 9:45:00 PM
From: porkbay	Respond to of 54805

Re:ltb&h I don't for a minute think that GE or other non-tech stocks are targeted by the rtfm. My point is that the authors' approach is to identify ltb&h stocks which, incidently, is the Warren Buffett approach as well, even though he had a bad year for himself in 1999. He probably feels a little better these days about his decidedly non-tech investments. I also think that a touch of paranoia is okay and any complacency (even with gorillas)a dangerous thing. About 25 years ago we had the Nifty Fifty (the one-decision stocks) whose numbers no doubt included Xerox, Polaroid and Avon. History is a great teacher if we pay attention. Porkboy

To: Uncle Frank who wrote (22863)	4/16/2000 10:09:00 PM
From: alankeister	Read Replies (1) \| Respond to of 54805

re:what is GE Porkbay: All are essentially ltb&h stocks and that is the essence of the Gorilla Game. UF: ...The only type of stock the fm recommends for ltb&h is the Gorilla. I just finished "One up on Wall Street", by Peter Lynch so this topic is fresh in my mind. He said he trades the "Stalwarts" such as GE, Coke, and P&G more frequently than any other type of stock. His reasoning is you won't get a ten bagger so when the P/E goes above the normal range and the stock price gets above the earnings line you should think about selling and look for a good buy in the same group. This strategy hadn't occurred to me but it makes perfect sense. These companies generally have a long history of predictable growth. Large upswings in the stock are probably not caused by some new killer product because any single product has a small effect on the bottom line. - Alan