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

To: Stock Farmer who wrote (54466)	10/23/2003 4:19:53 PM
From: Thomas Mercer-Hursh	Read Replies (1) \| Respond to of 54805

check-list formula Given the arguments that occur on this board as to whether any of the companies we discuss here are or are not Gorillas, the Gorilla Game can hardly be considered a check-list formula.

To: Stock Farmer who wrote (54466)	10/23/2003 6:26:28 PM
From: hueyone	Respond to of 54805

The problem is that by the time a company is recognizeable as a "Gorilla" that the Gorilla Gamer's aren't the only people on the planet who realize this, and the market price is bid up to neutralize potential gains. In fact, Gamers who are purchasing based on the game's criteria alone end up at risk of over-bidding the price. I would guess that most people interested in the Gorilla game did indeed significantly overpay for companies on the list in recent years, but what is to say the market will not mark down Gorilla to attractive prices from time to time? I know you did a number of extensive valuations on Cisco on the Cisco thread over the years. I think one of your valuations a few years ago produced a $6 per share value. Cisco came within hailing distance of that price last fall at $8 per share. Armhy came down to a price that met Jurgis' fairly conservative valuation criteria as well. Regards, Huey

To: Stock Farmer who wrote (54466)	10/23/2003 11:42:34 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

John, A more objective perspective would be an evaluation of an example of the Gorilla Game as run in real time, say, over the past 5 1/2 years. ... at SEBL's current price of something less than $12, the Front Office Gorilla Game portfolio would be worth something less than $10,400 right now. To be precise, the value is $10,254 at the close of today's market. In other words, during those 5 1/2 years, the Gorilla Game's value increased a measly 2.5%. During the same period, the S&P 500 decreased 7%. Everyone can decide for themselves (i) if that validates or invalidates the Gorilla Game strategies or (ii) if that return should be compared to any other investment strategy that produced lesser or greater returns during the same period. I don't care whether any one else on the planet uses any or all of Gorilla Game strategies or whether anyone thinks they are worth something less than trash or something greater than platinum. However, if one is going to be selective in one's choice of facts, then one should be willing to accept some personal criticism for demonstrating selection bias. I disagree. Though there is plenty of room for critique of bias demonstrated in a selection process, there is ABSOLUTELY no room for personal criticism. When I saw that you had posted here, I decided on a whim to "unignore" your name. Having seen that you are still promoting personal criticism, my selection bias dictates that I immediately return your name to my "ignore" list. --Mike Buckley

To: Stock Farmer who wrote (54466)	10/24/2003 10:00:26 AM
From: Pogeu Mahone	Respond to of 54805

Bravo , Bravo John Shannon Thank you for a clear concise observations of the facts as they HAVE played out.. It clear to me that the gorilla game has produced another generation of BAGHOLDERS! thanks again Zeus

To: Stock Farmer who wrote (54466)	10/29/2003 10:12:47 AM
From: hueyone	Read Replies (1) \| Respond to of 54805

Hi John, I wonder if you have been banned from the new thread? I have particularly appreciated your well researched posts over the years as you seem to have an excellent ability to to cut through the spin of various companies' financial reporting to arrive at something that is close to an intrinsic value of a company. And in my opinion, it is absolutely necessary to have an idea what the intrinsic value of a company is if one wants to have an idea of what risk he is taking at purchasing or holding stocks at various prices. I may purchase and hold stocks at significantly greater prices than intrinsic value from time to time, but I still want to know what a probable intrinsic value might be to be able to better asses the risks that I am taking. So thanks for taking the time to share your research and analysis, and I hope to continue to see your posts, here, there and around SI as we move forward. Best regards, Huey