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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (43725)	5/28/1999 12:29:00 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 86076

Well you're definitely right on the need for charm school. But respectfully disagree that he had a good point. Tom Dorsey (He posts under the alias James Ball, one of his employees) believes in portfolio diversification. His nut portfolio is part of a speculative portfolio and he stated that he wasn't overleveraged (meaning % of holdings, not margin) and that it was a long term wait and see. He was specifically pointing out that anyone that was overleveraged in the nuts was probably bleeding profusely. I believe that Dorsey was advocating a balanced portfolio as a way to mitigate risk. Speculative positions can be a part of that portfolio. I have played the nuts in a big way, but you will notice that I also diversify into an equally speculative area that has proved rather disappointing. Which one was I more foolish to play, nuts or gold? techstocks.com techstocks.com techstocks.com