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.

Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: RFH who wrote (7463)	5/9/1999 12:09:00 PM
From: JZGalt	Read Replies (3) \| Respond to of 18933

Robert, Individual selections to AIM are certainly up to the individuals but I think that people and particular newcomers to AIM should understand that certain investments are not really suitable for AIM'ing in my opinion. I believe this "don't buy companies that can go out of business" opinion is in line with the philosophy in the Lichello book. I don't remember suggesting Latin American banks as a particularly good long term investment although I might have suggested them as a trade or talked about Citigroup and Chase Manhattan benefitting once the Latin American economies started to come around. I do remember that certain banks in Mexico during the previous round of devaluation were forced to merge with stronger banks at pennies on the dollar to the original investors. There are many ways to make money, but after a decade of sub-par returns in emerging markets (not AIM'ed) and a series of devaluations in both Mexico and Brazil, I have exited with most of my hide intact. I don't expect I'll go back again. I wish you well on your continued successful investment in BFR. ---- Dave