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

To: gdichaz who wrote (34567)	11/11/2000 11:32:18 AM
From: Bruce Brown	Read Replies (1) \| Respond to of 54805

gdichaz wrote: [Time is the investors' friend, which permit the great advantage of the opportunity to learn from mistakes and also wait through "crises" to the extent our "sleep at night" tolerance permits.] Yes. In reality, time is indeed one of the most important parts of the equation. Now, the extreme of the past 12 months in terms of going way up and and coming back down is - for the most part - not the norm in terms of something you can bank on. Now, I would like to think we are getting back to a scenario where time (such as allowing an investment several years to perform) becomes once again an illustrative part of the equation. Nobody can really predict the future 'casino' effect of both going long or short in the past 12 months of unusual activity. Will it bounce back? Will it die? That's why focusing on investing seems to be a much more valuable use of time for all of us. Especially the type of investing we happen to do in this folder. The Qualcomm scenario this past week in terms of the contest of one of their patents in Europe is what it's all about. Sorry about the golf analogy. I was just going with UF's flow. I play the silly game, but am not devoted to it outside of those few hours on the course. I figure 10 to 20 times a year of cow pasture pool and a brisk walk is good for the soul and keeps me humble. BB