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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (24645)	7/22/2003 4:29:32 AM
From: Dale Baker	Read Replies (1) \| Respond to of 206184

Just one example - and maybe a unique example - the "fund" is called Berkshire Hathaway and the manager is Warren Buffett. He does exactly what you forbid, and does it brilliantly. Whether others can follow his example is open to question. The same applies to the super-traders and their high risk, high mo-mo tactics. Many hotshots flamed out in 2000-2001 after being "brilliant" in the bubble. None of us would invest our money with a money manager that bought weak stocks while prices were falling. I'd love to see that brochure! "I'm going to invest your hard earned money, in stocks in a weak sector with lots of bankruptcy possibilities, and I'm going to average down in my buying points. If we succeed, we're rich. If not, there's always more money where that came from, I hope. Keep them hard earned dollars coming my way!" I wonder how much money would come our way?