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


To: Mike Buckley who wrote (47420)10/3/2001 11:17:13 AM
From: ggamer  Read Replies (1) | Respond to of 54805
 
<<Moore: right or wrong?>>

So when are you writing your book? :)

And what are you going to name it?

GGamer



To: Mike Buckley who wrote (47420)10/3/2001 11:47:52 AM
From: rushnomore  Respond to of 54805
 
The volatility doesn't bother me emotionally. For a combination of reasons, it never has (though I look forward to it resuming in the upward direction. :) I figure that if the current volatility doesn't bother me, it probably never will.

There's no compelling reason to change the make-up of our portfolio.

I am reminded of one time that I was piloting a light plane toward the Los Angeles area, returning from up north. The air was thick with haze, and visibility was very limited. But then I heard on the plane's 2-way radio that another aircraft had just gone through the path that I was headed for with no trouble at all. That should have given me confidence that I could do that also in my plane, right? Wrong, because that other aircraft was a helicopter. It was capable of slowing down even to zero speed in case the forward visibility got lower or if terrain suddenly appeared ahead. I was flying a single-engine airplane and had to maintain a certain minimum airspeed or else come to the ground.

No matter how confident other investors are, or even how fearful they are, and no matter how expert their opinion, I still have to remember to "pilot my own plane" and get myself and my passengers (family) safely to our destination.

And from my "cockpit" the view ahead is very hazy right now.