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


To: DownSouth who wrote (34392)11/6/2000 9:23:58 AM
From: tekboy  Read Replies (1) | Respond to of 54805
 
This "law of large numbers" theory is bogus. It ain't a law, and we have yet to see it validated in the real world.

um, it seems to have been validated a lot of times with a lot of companies in the past, and would have something to do with diminishing marginal returns, I'd imagine, plus simply some basic logic in terms of trees not being able to grow to the sky and all that. Perhaps what you meant to say is something along the lines of, "CSCO has been and IMO will continue to be an exception to the law, thanks to its gorilla characteristics and excellent management, and I expect its exceptional performance to continue."

tekboy/Ares@let'snotgetirrationallyexuberantagain.com



To: DownSouth who wrote (34392)11/6/2000 3:21:48 PM
From: willkm3  Read Replies (1) | Respond to of 54805
 
The Central Limit Theorem or "Law of Large Numbers" actually refers to trends discovered in a population sample continuing to manifest themselves as the size of the sample increases to a very large number.

Example: The results of a political poll of 1000 likely voters should be very similar to a poll of 100,000 or 1,000,000 likely voters.

Nice link below:
animatedsoftware.com

Hope this helps.
Keith