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


To: Wyätt Gwyön who wrote (47432)10/3/2001 11:49:58 AM
From: Thomas Mercer-Hursh  Read Replies (1) | Respond to of 54805
 
after all, the first thing i see upon opening my copy of The Gorilla Game is the inside dust jacket, which informs me that i could've turned $10,000 into more than $3 million if i'd only invested in CSCO stock back early on; and how much i could've made off Yahoo, etc. i'm sure this kind of marketing helped sell more copies than if the book were packaged as a dry business-strategy volume.

Which points out that one of the things that we might tally up in the minus column of Mr. Moore's virtues and faults is that he apparently believed his own dust jacket a bit too much ... it would seem he is now cured of this, however.



To: Wyätt Gwyön who wrote (47432)10/3/2001 12:05:37 PM
From: ggamer  Read Replies (2) | Respond to of 54805
 
I appreciate everyone's response.

It seems to me that GM missed one big suggestion in his book and that is to inform his readers of times when the market will be going up irrationally (ie. QCOM up 156 points in one day) and how important it is for an investor to cash his/her gains.

The problem is that he wrote his book prior to 65% of Americans owning stocks, tech stocks behaving irrationally, most people were not online, and online investing/trading did not exist. All of these changes had a major impact on the markets in the 90's. It is interesting that most investors knew that the markets were irrational and it was going to fall one day. But what we did not know was how severe it was going to drop. Every smart analyst/investor told us about 15 to 20% maximum drop and what a great buying opportunity they bring to individual investors. Whenever I have kids, I will inform them of an opportunity of this type that might come their way once in their life time. I will Tell them that they have to react fast in buying and selling the stocks of the day no matter what they are including the gorillas.

Am I wrong? In the eyes of a fundamental/fanatic GGamer I think I am :).

GGamer