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To: Jacob Snyder who wrote (8606)7/5/2001 11:39:49 PM
From: techreports  Read Replies (1) | Respond to of 10934
 
When the facts don't correlate with the theory, there are two choices:
1. ignore the facts
2. abandon the theory


The gorilla game theory is not a short term process so using 12 months isn't fair. It might be like saying that the last 12 months proves holding stocks is a bad strategy. Which it might be ;)



To: Jacob Snyder who wrote (8606)7/6/2001 1:01:04 AM
From: kas1  Respond to of 10934
 
JS,

Excellent post. What a learning experience this has been.



To: Jacob Snyder who wrote (8606)7/6/2001 2:17:49 AM
From: Uncle Frank  Read Replies (1) | Respond to of 10934
 
>> The Gorilla Game tells you that Gorillas have future earnings that will grow faster than "lesser grades". Also, those earnings are more reliable (more predictable for further into the future, less influenced by macro events) than the earnings of "lesser grades", and therefore Gorillas will always command higher multiples.

Please site references for the above, Jacob. I think a re-reading of tfm may be in order.

uf