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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Don Ward who wrote (7714)8/11/1998 3:52:00 PM
From: Juli  Read Replies (2) | Respond to of 19331
 
TO ALL - I wanted to post this little quote from the book SOROS ON STOCKS because I think it some of the best investment advice I have ever seen. This is in interview format and the interviewer is asking him about his relationship with his then partner Jim Rodgers. He has already said that Jim does the investigating and he does the investing. Because the market moves so fact, he usually begins investing before the research is done.

Interviewer - "Were there times when you'd do the investing and he'd do the investigating, and he would find something wrong with the idea, but you would still keep the stock?"

Soros - "That's right. Those were, in fact, the very best situations because we also knew the flaws; we knew where to look for trouble, when to get out. We were ahead of the game and were very comfortable holding the stock. We were always looking for the flaws."

It is my own opinion that we would attract more new money to this stock if we would be a little more open to looking for the flaws and discussing them.

Jewel