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Author: dowbuys Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5982  
Subject: BI not for "hot money" Date: 1/17/2005 5:28 PM
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I've noticed a subtle change in the messages now that several new members have migrated to this board.

Benchmark Investing's strength, in my humble opinion, lies in the fact that it is a mechanical process that can be duplicated time and again. Good (longer-term) returns are a by-product of BI's process.

If you're looking for the highest monthly or weekly returns, perhaps you should go to a developing markets or margin and options website rather than this message board.

I get the feeling many of the newer posters would be pretty upset if they were to actually lose money on any of their BI picks this year. Heaven forbid. What they need to understand is that BI only works if they are disciplined and stick with it over the longer term. It's not a strategy for "hot money" to make a quick killing every year.

So don't get upset is one or more of your BI picks loses money. Chances are this will happen quite regularly. Don't blow a gasket if the S&P 500 or the Nasdaq outperforms BI for the year. This, too, will surely occur. You can count on it.

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