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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Reginald Middleton who wrote (38472)	10/30/1997 10:54:00 PM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 186894

Thus far, it is no better than mine, but then again he is much older and well known, and therefore much more impressive. Wrongo. Otherwise you would be as wealthy as Buffet. Buffet started with 10K, which he earned, and then went from there (lest anyone think he started with much bigger $. True, at one fairly early point he got friends to invest venture capital with his new firm, but he still started small. While your annual % increases may currently be on a par with some of his annual % increases...the key is Buffet kept the same % increases with very large sums of money. Not trying to be insulting, but it's simply incorrect to say you have matched Buffet, but "he is much older and well known, and therefore much more impressive". That's ludicrous. On the other hand, if your net worth is about the same as Buffet's then you have my most sincere apologies for making a fool out of myself. DK

To: Reginald Middleton who wrote (38472)	10/31/1997 12:31:00 AM
From: greenspirit	Read Replies (1) \| Respond to of 186894

Reginald, so what your saying is these inside the Wall Street specialist boutiques have access to these empherical models that Fidelity's Magellan fund with 70 billion dollars doesn't?? I just don't believe it Reginald. It always strikes me as amusing that these incredible market model player performances are always hiden behind some wall of secrecy. If these models were so full proof, the Mutual Fund managers with their billions would buy them up in a heart beat to outperform the competition. The incentive would simply be too great. Are you really saying that you have access to an empherical model that Peter Lynch or Jeff Vinik don't?? Okay Reginald, I'll give you the benifit of the doubt that you do. I request you report all your buy and sell actions on this thread for the next year. If your model is so incredible, it should become obvious very quickly. What am I buying or selling now? Michael