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.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (2696)	11/3/2000 10:30:49 AM
From: Bill Harmond	Read Replies (3) \| Respond to of 57684

You're welcome to contribute here Robert, but if you keep this up you won't last.

To: Robert Rose who wrote (2696)	11/4/2000 1:42:11 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 57684

Traditional "balanced" portfolio models, he adds, tend to rely on data studied and compiled over the past 70 years to position an investor for the next decade, but ignore the boom-and-bust "seasons" that mark various periods -- the Roaring 'Twenties followed by the Great Depression, the booming 1950s-1960s succeeded by the inflation-and-recession-wracked 1970s, the disinflation the 1980s and the booming high-tech economy of the 1990s -- each of which required different strategies. "Having the same portfolio strategy through all of these extreme seasons would be like wearing a light raincoat year-round in New York because the average weather is 50 degrees with 0.1 inches of rain daily," he quips. "You would freeze in the winter, boil in the summer and almost never have the right clothes on." interactive.wsj.com