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

To: Bruce Brown who wrote (25493)	5/29/2000 5:59:00 AM
From: Bruce Brown	Read Replies (1) \| Respond to of 54805

RE: Step 12 of investing Foolishly... (from their "13 steps to investing Foolishly") Here's a link to some comments that most Fool's have about TA, margin, shorting, options and day trading: fool.com BB

To: Bruce Brown who wrote (25493)	5/29/2000 7:19:00 AM
From: gdichaz	Read Replies (4) \| Respond to of 54805

Bruce: Thanks for your post which injects helpful balance and realism into Gorilla Gaming (or any other approach to investing as long as it is logic based). Mike has been doing a fine job (back to being his "agent") on this general subject of volatility and this is a good numerical addition to that. And the point is well taken that even if we as individuals couldn't care less about trying to "time" the market, many, many, many people do - and that in itself affects market swings. For a long time I have been troubled that there has been too much emphasis on the Gorilla Game as a "sure thing". That phrase is even in FAQ for "newbies" (with a <gg> which converts it into a joke [sic.]). No approach to investing results in picking companies or stocks which are a "sure thing." We really know that and this recent air pocket has driven that point home. The only way that a Gorilla or a King is even remotely close to a "sure thing" (and even then falls short of that extreme term IMO) is over a holding period of 5 to 10 years and that is not possible nor the style of many here. I strongly recommend again that the "sure thing" phrase be dropped from the thread's header and even more important that it be dropped from our minds (if that is possible). Yes the Gorilla Game limits risk. But that is all it does - limits it. It does not eliminate it. Best. Cha2