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.

Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: synchros who wrote (5023)	10/18/2000 7:06:23 PM
From: Robert Scott	Respond to of 5853

You're right - he is not a market timer. However, the beauty of it is that if you were to buy his picks the day they are made, you would still do very, very well in spite of the fact that many of them decline after he has picked them. In fact, at the close of business today, his picks are up 400% (5 times) as a group using that method. Of course, many of us do not buy right when they are picked. As most of us cannot predict what a stock will do, it makes the most sense to buy a 1/2 position when recommended, then another 1/2 when you feel more comfortable with the pick and it's price. Again, you win either way so long as you buy the stock. Having said that, we have been in a bull market for some time and a lot of the gains are in stocks that are very richly valued today. It may not be the case in the future but who knows. I would prefer to buy the stocks in my IRA and not worry about it. I still feel very comfortable that his picks on the whole will outperform the averages by a wide margin - right now it's twice as much.