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Politics : Electoral College 2000 - Ahead of the Curve -- Ignore unavailable to you. Want to Upgrade?

To: chomolungma who wrote (6431)	12/17/2000 11:06:50 PM
From: The Philosopher	Read Replies (1) \| Respond to of 6710

An excellent comment, and a distinction too often overlooked. When I see a day trader as wealthy as Buffett and as wise as Graham maybe it will be time to revise my thinking. Until then, I am an investor, not a trader. The shortest period of time I have ever held a stock has been about 6 months. My basic horizon is 5 years. I have never speculated in a dot.com stock. And I'm perfectly happy with my return of 100% last year and over 50% this year to date. May not be what a day trader yearns after, but I've never looked at Level II in my life and never bought a stock without reviewing the annual report and 10-K. So yes, I approve of your emphasis.