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

To: Mike Buckley who wrote (36392)	12/19/2000 8:36:25 AM
From: blan	Respond to of 54805

Mike, I contend that their ability to stay the course may be slightly more* uncommon than their shrewdness.* Actually, I was leaning in that direction as well even as I wrote the post. Good strategies may be the foundation, but holding through the ups and downs, heart-stopping slides and exhilarating ascents, FUD and daily news scares, requires uncommon stamina. Taking it a step further, you could probably go so far as to say that simply holding may be more important than the actual investment plan (again, assuming a reasonably cohesive plan). All of the great investors have made horrible mistakes as well as mistakes of lesser magnitude. It’s nice to hear we have something in common. ;) Notice that there's no "sell" component in the acronym, LTB&H. That's not an oversight. No, but in a sense that poses a problem if you take it literally. When is enough enough? To paraphrase Buffet, since I can’t find the exact quote, You only need to be rich once. That line is hard to draw. Barry