SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Marc Trombella who wrote (17669)3/13/1998 11:01:00 AM
From: Big Bucks  Respond to of 70976
 
Hi Marc,
I initially wasn't going to respond to your post, but my addiction to
SI took over, and I couldn't resist.

Re:BB, you always seem to play the "what if" game quite often. Which is fine, everybody has there own investing style.

IMO, an astute investor should understand issues that can impact the
performance of the companies/stocks that he/she invests in. Whether
these are short term or long term issues determines the year to year
gains or losses that affect the value/net worth of his portfolio.
I am not satisfied with mediocre portfolio performance, that would
be akin to randomly throwing darts and relying the results to
determine portfolio positions, better to just invest in a fund and
let them manage my investments and accept whatever gains/losses
occur. That is not for me. Yes, one could let his investments
just sit and appreciate over the years but that is boring and requires
no "skill" or particular "ownership" of managing an investment
portfolio, and is like a bottle in the ocean tide, it goes travels
with the whim of the currents and the ultimate destination is unknown.
I want to actively participate and control my investments, and the
best way to accomplish this, IMO, is by careful planning, strategizing
and understanding the dynamics and events that have potential impact
on my investments short and long term. I will not always be right
in my assessment, who is, but I will be actively and continually
involved with my investing success and trying to maximize the
year to year value of my investments. Isn't that why we invest in the
first place, to maximize our net worth and to insure that at some
point we are financially secure?

Just my opinion,
I've got a "MONKEY ON MY BACK".
BB