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


To: Mike Buckley who wrote (25503)5/29/2000 12:24:00 PM
From: tekboy  Read Replies (1) | Respond to of 54805
 
<<For the three years since I started Jubak's Picks, on May 7, 1997, with $100,000, the portfolio has recorded an average compounded annual return of 41%. In the same period, the Nasdaq Composite Index index has returned an average compounded annual of 42%>>

exqueeze me, but I think the Naz Comp, not to mention QQQ, is a quicker, safer, and easier bet than JJ... so if he can't even beat that, then why should I bother to read his picks? (I agree that his "lessons learned" are not bad.)

tekboy/Ares@oh,andthereisalwaysthattaxthingtoo.org



To: Mike Buckley who wrote (25503)5/29/2000 1:35:00 PM
From: Brian K Crawford  Respond to of 54805
 
Re Jubak

For people who notice that his portfolio has returned 41% annually for three years, be sure to notice that he mentions that it doesn't include taxes

...and he acknowledges that NASDAQ index returned 42% during the same period. Not burning up the race track, relatively speaking.

Makes QQQ look like an appealing holding, with its lower emotional wear and tear for an investor (fewer decisions), a built in survivor bias, and minimal tax slippage.

Brian