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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: FIRENZA who wrote (8052)4/15/1999 9:28:00 PM
From: jmanvegas  Respond to of 29970
 
Nobody's a genius when it comes to investing. It takes hard work to do the proper DD, patience to see your convictions come through, and time to let the investment mature like fine wine. Look at Warren Buffet - an investing genius if ever there was one. He missed the initial internet wave and probably most of the tech wave. Invests in very fine companies like MCD, KO, G, etc. - likes those 10%-15% growth multinationals. But the "times they are a changin." I'm sure he sleeps like a baby at night because when he gets up his stocks won't be down 15-20 points. But he's got his billions - so why keep up with the times.

Ever notice the sort of smirky grin David Faber & Ron Insana of CNBC get when the market tanks. I'm not knocking their reporting ability or even their knowledge about the markets. But if you ever want to play with the big boys, then one needs courage. As General Custer said: "no guts - no glory."

Good luck to all ATHM longs. Put this baby away for 5 years under your mattress and see who's smelling the roses.

jmanvegas