Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: rgammon who wrote (17066)	10/12/2001 1:11:02 PM
From: Bernie Goldberg	Read Replies (2) \| Respond to of 18931

Hi Robert, We’ve been down this road before haven’t we. In message #17064 you wrote:I checked several sites and did a couple of searches. The only places that seemed to offer a plot comparing NAV and Price were subscription based sites. I go to Morningstar and discover that they have a plot which covers a 4 year timespan that shows the relationship between NAV and Market price and Category. In Message #17066 you wroteThe Morningstar graph stinks. It only shows percent performance YTD, for NAV< Market Price, and Group. I want to see absolute values, and to vary the size of the graph and the time period covered. Well, excuuuuse me! You didn’t say that the first time. Once before you were looking for something you couldn’t find. I searched and found it for you on MSN. I was then the recipient of a tirade from you about how much you hated Bill Gates and how you would never go to any site that had anything to do with him. In message #17066 you also wrote:I realize that Bernie is focused on the income that ACG (and perhaps other CEFs) generate for him, and AIM is very much secondary to that. I tend to treat CEFs like any other AIM investment, that is, it has to stand alone and be compared by the AIM activity it generates. To repeat, I focus on AIM, Bernie appears to focus on INCOME. That is a very interesting statement. It shows complete ignorance of the simple fact that I was addressing a question about ACG. ACG is #1 A Closed End Fund #2 A BOND fund which produces INCOME #3 An issue which I have owned for several years along with RCS which is the same type of CEF. Neither of them is similar to Mr. Lichello’s hypothetical stock. I don’t think Mr. L. ever expected anyone to find a stock that matches his hypothetical stock. He has many examples throughout his book demonstrating how AIM works with all kinds of different investments. Since I was addressing a question on an INCOME producing CEF that is what I focused on. One the most important things I learned from Mr. L's book is that just about any Stock/CEF/MF could be AIMed. Success with AIM is not measured by AIM activity but rather by an increased harvest. Bernie