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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (34630)	1/13/1999 11:51:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<< Remember that adjusted for risk the returns of almost all portfolio managers equal (or are less than) the risk-free interest rate. It may just be that Eugene's risk preferences are different than Dreman's.>> Apratim- Dreman's record is much better than bonds, mm, etc. I recognize that Eugene's risk tolerance is much higher than those who would follow the Dreman approach, and Eugene has obviously done well. But not everyone needs or is comfortable with that level of risk and volatility. For example, does a 60-yr old with a net worth of $3 million really need to take lots of risk and swing for the fences? Not likely. More likely, they would want to preserve their capital above all other goals. << I have very little knowledge of Drenan's portfolio parameters, but I would not be surprised if an obsessive indexer (like me, for example) finds Drenan's risk tolerances unacceptable. That, however, wouldn't invalidate either Eugene's, or Drenan's, or my investing philosophies. It would simply underscore the relative risk preferences, a matter of personal preference which is best kept out of international TV IMHO.>> Well put! I agree. Victor