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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (2110)	8/19/2001 9:46:50 AM
From: alanrs	Read Replies (2) \| Respond to of 5205

"interesting way to check this is to look at the responses to the G&K Portfolio survey from last November. check out the 64 replies to this post!" In regards to this, I also responded to the G&K survey last year and debated how to list holdings at the time. I looked at some of the other responses and decided that people were pretty much only listing their assets that applied to tech investing. I'm sure many people own their own homes and maybe a vacation home and maybe some rental property, all of which might be substantial yet not on the list. Similarly for pensions or annuities, a common asset to have after a certain age. Even in the class of "stocks", I didn't bother to mention Utilities or REITS, or some money in Oakmark International & Select, or a muni-bond fund I owned at the time. I didn't even list GSTRF, since it had shrunk to almost nothing and was an embarrassment. In retrospect, this editing probably is misleading to someone very new to investing and looking at lists like this for their entire education. I really don't know how to avoid this, other than to begin every post with a list of caveats similar to the safe harbor stuff in annual reports. One would hope that everyone takes a look at their own particular financial situation and makes decisions based on that, not based on Uncle Franks or Mike Buckleys finances. Those guys don't eat dinner at my house, and if I screw up are not likely to be much help other than in a moral support kind of way. ARS

To: Wyätt Gwyön who wrote (2110)	8/19/2001 10:41:37 AM
From: Mike Buckley	Read Replies (2) \| Respond to of 5205

Mucho, overweighting in large-cap tech stocks A friend of mine believes that opera singers have over developed voices. An over developed voice is an oxymoron as is a portfolio overweighted in tech stocks. I believe there is no such thing as being overweighted in tech stocks if they have immensely sustainable, competitive advantages and if the investor isn't bothered by extreme volatility. That's why my portfolio is 100% high tech. --Mike Buckley