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To: MrGreenJeans who wrote (1692)	10/18/1998 4:22:00 PM
From: Kirk ©	Respond to of 15132

I would be willing to listen to what mistakes others think should be avoided... #1... Buying a stock because it is going up. Tulip mania answer IMHO.

To: MrGreenJeans who wrote (1692)	10/18/1998 4:33:00 PM
From: Wren	Respond to of 15132

#2 Buying more shares of a stock solely because the stock price is down, without re-evaluating the fundamentals and outlook for the company.

To: MrGreenJeans who wrote (1692)	10/19/1998 1:15:00 PM
From: Lars	Read Replies (1) \| Respond to of 15132

MrGreenJeans, >>> I am sure there are other mistakes that investors make that lead them to financial catastrophe. I would be willing to listen to what mistakes others think should be avoided... >>> The greatest threat to achieving critical mass and then some is LISTENING TO ALL THE NOISE ABOUT THE MARKET. One of my greatest challenges is reflecting on my information and making a decision. It is easy to suffer from data overload. My goal is to constantly focus on the basics. Why do I want to own this company? What are my expectations? Is this a LT or ST investment (most of mine are for the long term)? What would make me change my mind? A great excercise to perform before buying or selling is to think backwards through your decision. I learned this from reading speeches given by Charlie Munger. Incredible advice imho.