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To: Uncle Frank who wrote (9483)11/10/2001 7:12:46 PM
From: Jacob Snyder  Respond to of 10934
 
I'll take that as a complement.

After I've bought a stock, I know there is a tendency (me and investors in general), to Believe the Story, to engage in dangerous wishful thinking. So, I deliberately overcompensate. I actively look for the downside, any possible mistake in my reasoning. And then I magnify it, knowing that makes it more likely to get it right. Sort of like a hunter aiming high and left, knowing he and his equipment have a tendency to pull right and low.