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

To: Uncle Frank who wrote (51946)	7/9/2002 7:27:35 PM
From: Skeet Shipman	Respond to of 54805

I was at a loss today to interpret news in the PC market other than good. In fact almost all the news had positive expectations. So why did the market go down all I can guess is the decline of the dollar, which is good for corporate sales. I think it is time to BUY!

To: Uncle Frank who wrote (51946)	7/9/2002 8:52:58 PM
From: Eric L	Read Replies (1) \| Respond to of 54805

Frank, re: "Long Term Investors' Outpost" I am p*** and I mean really p***. I can not for the life of me understand why you would splinter the G&K thread. I am serious. I consider that to be big time bush league on your part and I think you owe this thread a very detailed explanation of your action. - Eric -

To: Uncle Frank who wrote (51946)	7/11/2002 7:04:50 PM
From: hueyone	Respond to of 54805

re: LTB&H Hi Uncle Frank: Carranza posted this link to a Motley Fool article on your new thread which discusses "LTB&H investing". I snipped out some parts that I found to be interesting. Do you agree with the author's points I highlighted below? I do---although my investing hasn't always been in agreement with my beliefs.<g> fool.com Snip from the Fool article: What is the "buy and hold" approach? Most people now nattering on about the subject in the wake of the recent market correction take it as "buy at the top and hold forever because you cannot admit you made a mistake." Others who have taken thinkers like Peter Lynch, Warren Buffett, Charles Munger or Phil Fisher at the facest of face values have talked about the "buy what you know" school of investing that has individual investors mindlessly purchasing the shares of companies whose products they use without regard to fundamental value, holding them forever. All focus on the supposition that saying "buy and hold" means that people are purchasing shares without regard to fundamental value because if they hold for the "long-term" they are guaranteed to make money. Frankly, this is a really shallow interpretation of the maxim "buy and hold." The buy and hold approach should focus on selecting quality companies with current market values that are at a discount relative to their underlying economic value. The buy and hold approach minimizes costs and allows the investor to participate in the long-term growth of a quality company plus any change in its market valuation relative to its intrinsic economic value providing they have purchased the shares at a significant enough discount. Huey