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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Wildstar who wrote (38315)12/6/1998 1:18:00 PM
From: Mary Cluney  Read Replies (2) | Respond to of 132070
 
Wildstar,>>>So it's best to buy a successful company - a "gorilla" - that is the leader in its industry on large decreases in price and hold for a long time. Is this what you're basically saying? <<<

When did I say that? How did you come to that conclusion?

I am saying though, that since there are more people doing their DD, finding bargains or values are more difficult. There is more money chasing good investment - therefore the cost of good investments are more expensive. There are no more "steals". That is perhaps what I am saying. Mike and his followers will have to accept less. Things may not go back to the way they were in the old days - even if we do have a massive correction.

Mary