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To: Mary Cluney who wrote (67566)10/29/1998 5:52:00 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
"The race may not always be to the swift nor the victory to the strong, but that's how you bet."
--Damon Runyon

My only disagreement is that the market realizes this, and thus discounts the swift and strong in a stock's price in normal circumstances. Thus, I want to bet on the swift and strong when others may not yet see their strength, and, similarly, bet against the slow and weak when others are slow to see the weakness.

Is it easy? Or course not. That's why just about every fund manager and individual investor out there underperforms market indexes.