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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: K. M. Strickler who wrote (52142)	7/18/1998 3:57:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

Ken, the idea behind holding a mutual fund is that the investor can avoid diversifying. The problem is that most funds are actively managed (which implies churning and consequently lots of unnecessary trading costs). BRK is probably better than most mutual funds because of Buffet's buy and hold philosophy. The down side is he does not invest in the tech arena which is where the greatest growth will take place. The advice I gave about diversification has nothing to do with being a financial advisor. It's simply prudent investing. Business disasters occur without warning, and well-informed stockholders are routinely surprised. Examining the history of OXHP is an excellent case study. Look at the Motley Fool's Daily Trouble column to get a sense of what can happen. Many of those implosions occurred without prior warning. I don't mean to sound like Jim Patterson, but investing without diversifying is asking for trouble. TTFN, CTC