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


To: Dr. Id who wrote (176)10/30/2003 12:14:48 PM
From: Uncle Frank  Read Replies (1) | Respond to of 2955
 
>> As for taking responsibility for my actions, I have.

Comments like this lead me to a different conclusion.

"Your myopia about the levels of groupthink on the GG thread are what got you (and most of us) into trouble the first time."

The problem is, you put too much weight in others opinions. Guarding against "groupthink" is an individual task, not a group activity.

uf



To: Dr. Id who wrote (176)10/30/2003 2:20:32 PM
From: hueyone  Respond to of 2955
 
Because the group kept reinforcing faulty investing ideas and rejecting any ideas that were contrary to the GG strategy (often by vilifying those that disagreed as "trolls").

I agree with that.

Regards, Huey



To: Dr. Id who wrote (176)10/30/2003 3:31:53 PM
From: AMF  Read Replies (2) | Respond to of 2955
 
<...they (losses) actually paled compared to the money that we lost by not selling when we had substantial gains.>

That was my case, for sure. I fell ass backwards into a tub of butter called QCOM and lacked the common sense - not to mention any portfolio management skills - to hang onto the money. I should have sought professional portfolio advice, but didn't. The whole experience was (and still is) painful, but hopefully we can at least work together here to identify some good investments. This time, however, I'll be booking profits! anna