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To: sea_biscuit who wrote (113081)2/12/2002 5:00:37 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
i agree that LTBH seems unattractive. nothing is wrong with the principle of LTBH, but simple math shows that buying obscenely overvalued stocks is not a practice that rewards the patient. i predict US stocks will be worth buying again, but probably not for 15 years. if they went nowhere for that long, they'd probably be fairly valued (Wilshire 5000) imo. JMHO