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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (53730)	3/22/2003 12:07:41 PM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 54805

John, >As for your most recent answer, it is not strong. >Not because there is no grain of truth, but because > it lacks quantitative elements. Sorry, but I can't do better. Other elements of investment that I use - e.g. management integrity (compare Buffett with... almost everyone else) - are also not quantifiable. Yet, I use them in investing. Which does not mean that it's impossible to do great investing in companies with corrupt management. In fact, a lot of great value investors invested in Tyco and some in AOL. It just means that I choose not to invest with managers I am not comfortable with (including some G&Ks). It's the same thing with G&Ks. Being G&K is a factor which makes me consider a company longer than an equivalent. Also I usually eliminate from consideration companies that are "under shadow of Gorilla". That's it. >Furthermore, since it is possible to appropriately value > non-gorillas as well as gorillas, isn't there a > possibility that other factors besides being a >Gorilla (or not) come more strongly into the final >equation? For me they do! As you saw in my thoughts above, G&K'iness is far from the top of my investment considerations. However, it is still useful for me. And it is close to the top when rejecting companies that are "under shadow of Gorilla". Jurgis

To: Stock Farmer who wrote (53730)	3/22/2003 2:04:39 PM
From: Eric L	Read Replies (1) \| Respond to of 54805

The Shannon Game ... ... would probably be a good title for a new SI thread. << I am still asking the question I was asking in my first few posts to this thread, a couple of years ago! >> Has it been that long that this thread has had to suffer your distractions that have added little or nothing to the intended purpose of this thread. Tempus Fugit! << I strongly suspect there is value in getting to the bottom of this, but that we aren't any where near yet. >> For you, or for someone else? I gather we have been forewarned that you will be camped here in your attempt to get to the bottom of whatever you have been attempting to get to the bottom of for some time. Such is life on unmoderated SI threads. << This thread is focused on academic issues rather than applying them towards investment ... If everyone posting to this thread was uniformly only identifying Gorillas out of purely academic interest, I would not be posting my questions here. >> I for one am not here to attempt to identify either gorillas or other potential market leaders in technology markets (where it is applicable, not in dog food markets where it isn't) out of purely academic interest and I sure hope you aren't here to save me from myself or save others from me by "posting [your insipid] questions here. I am not here, either, to examine "The Gorilla Game" as investment theory. That has been examined here over an over again. Those examinations have been supplemented with other sound investment theory contributed by many astute individuals. I post here and read others posts because what Moore would term a "semipro investor." I have already done what Moore suggests a semipro investor should do. I have absorbed the philosophy of "The Gorilla Game" and I have successfully implemented it - including forays into nongorilla territory [pg. 284 RFM). That process started long before Moore published "The Gorilla Game" in May of 1997. Possibly - probably - this was because of the influence Moore had on me as a result of reading "Crossing the Chasm" when it first published, "Computer Wars" (the source of the concept of the competitive advantage that accrues from a company having industry control of proprietary open architecture) when it first published, and "Inside the Tornado," when it first published. These books, had a profound influence on my professional career, and when combined with other investment theory and disciplines ,and consciously influenced my investments. It was no accident that at the time Moore published the FM, fortuitously, the gorillas CSCO, INTC, and MSFT, then a king EMC, and princes and potential kings DELL and NOK, were the mainstays of the tech equities portion of my already growing portfolio, and it is no accident that my combined portfolio has provided "above average returns" since I first read the FM and later the RFM. I post and read other posts here for one specific purpose. I am here, as I have been from shortly after this board made its appearance, to attempt to identify, with the assistance of others who have also "absorbed the philosophy of "The Gorilla Game"", markets entering hypergrowth, and potential market leaders within those markets (what Moore terms gorillas, local gorillas or chimpanzees, kings, and princes with the potential to be a king) for possible inclusion in my portfolio, and to attempt to pick the proper entry point using Moore's guidelines for picking that entry point. I'll continue to pick exit points (or reduction points) using a combination of his guidelines and my own guidelines for portfolio balance. I am hopeful that their will continue to be other like minded individuals posting here. I am sure that there will be. Feel free to respond to this post if you are so moved. Please do not expect a response in return. I have learned absolutely nothing from either your monotonous and repetitious monologues here, or your dialogues with others here, and the last thing I want to subject this thread to is a drawn out dialogue between you and I that has nothing to do with examining specific technology markets, or companies within those markets. There are several other forums to discuss dog food companies if one is so motivated. I will close with a quote from Moore ... As we have said repeatedly, the gorilla game is not ... intended for all investors. Nor is it intended to slight any of the thousand investments that do not meet its hyperselective criteria. All it is intended to do is give private investors who have determined that they must generate above average returns an opportunity to use high tech hypergrowth markets as at least a partial vehicle for meeting their goals. - Geoffrey A. Moore, page 308, RFM - In the words of this threads founder ... .. prosperous investing. - Eric -