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

To: Jurgis Bekepuris who wrote (53680)	3/18/2003 7:33:26 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 54805

Hi Jurgis, yes and no. Barrick Gold, International Paper and Cisco or Microsoft purchased at a discount to long-term value have the same wealth creating effect in the end: upwards. To this extent, when measured against the only standard that matters there is no real difference. At the same time, taxonomists spend lifetimes here and there dithering over the precise genus and species of creature populating the various rooms in the zoo. And the differences in our capital zoo are as significant as the hippopotamus is to the pigmy shrew. So in this respect taxonomy matters. Here's to the taxonomical focus of the thread. Great academic discussion. Shame about the merits of the associated strategy from an investment standpoint. And yes, I believe most of the <whatevertheyarecalled> discussed on this thread are still sub-optimal candidates for long-term wealth accumulation. Which has nothing to do with them being (or not being) a whatchamacallit. John