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.

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

To: CommanderCricket who wrote (71884)	9/25/2006 12:41:38 PM
From: Dale Baker	Respond to of 206316

OK, I missed the broader nuance and just focused on the LTBH issue. I have some stuff from 2001-2003 that I still hold now despite the ups and downs on the way. As an effective use of capital, the few I held that long have performed very well with multibaggers plus divvies over that time period. I am less concerned with ST income from my portfolio, so my focus is different.

To: CommanderCricket who wrote (71884)	9/25/2006 12:57:27 PM
From: ChanceIs	Read Replies (1) \| Respond to of 206316

>>>I hold core positions in 2/3rds of the portfolio's. These positions are held 1 - 2 years, some longer. The rest are traded around a trend. In addition, 10% - 15% of the portfolio is used for speculation and special cases.<<< Bingo. That how I like to play it. >>>I hate diversification.<<< I posted this a few weeks back. Seth Glickenhaus has made 16.5% net of fees annually since about 1965: "The greatest error made on Wall Street is diversification. Diversification inevitably leads to mediocrity and average performance." online.barrons.com