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To: Robert Rose who wrote (118469)2/24/2001 3:59:28 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
I will be even more blunt here

I am expressing my view here.
I have read "enough" of WH's posts in the past three years and everything is very clear to me.

- During the first week of Jan-2000, William posted very very clearly, more than one time, that He Sold everything, He Sold his entire equity portfolio. And he made it clearly that His Networth(not asset or portfolio..etc) had increased 20 times during a eight-year period(from 92 to 2000). So...If he started out in 1992 with $1M(or $10)...and on Jan-2000, his net worth was $20M(or $200).

He was all sold out TWICE during 1999, and once in 1998. He posted them very clearly too.

He also made it very clearly(or implied) that the major part of the gains was from "bought Yhoo under $5 and Bot AOL, Amzn under $single digits...in 1996/97/98..

So If he choose to put his Gains back into the Mkt; purchasing high risk stocks...that's not my business. Cuz I clearly understand that I did not make the $10M(or $200) from the mkt and that was Yesterday...Gone...

I am not WH..So how does he apply his "asset allocation" strategies is ir-relevant! How do I manage my own portfolio, according to my own circumstance, is my biz.



To: Robert Rose who wrote (118469)2/24/2001 5:11:16 PM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
I didn't do the selling, Robert. Blame somebody else.

Buying and holding is shameful now? Is this your first business cycle?