A Foolish Interview with Goofyhoofy Add to My Favorite Fools Add to My Penalty Box

Take me back to where I was.
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The Fool: Briefly review your favorite book.
Goofyhoofy: Whew!" The Godfather". Really surreal world * Good mindless airplane books: anything by Dick Francis or Sue Grafton * Anything John Grisham * Early Tom Clancy: great until he got full of himself * Great reads: Sears: The Big Store * McDonalds: Behind the Arches * Ford: The Man and the Machine * The Warren Buffett Way * Who Killed CBS? * ABC: Beating the Odds * Peter Lynch: Beating the Street * Hard Drive: The Story of Bill Gates and Microsoft * The Deal of the Century: The Breakup of AT&T * Ken Auletta: Three Blind Mice * The Gorilla Game * John Toland's "Adolph Hitler" * Asimov's Foundation Trilogy * DeMille: Charm School * Most Ken Follett and Michael Crichton * Sam Walton: Made in America * and every issue of American Heritage Magazine and Invention and Technology Magazine. Guess I didn't follow the rules here. Oh well.
The Fool: Describe the most embarrassing personal moment you'll admit to!
Goofyhoofy: I once ran a legendary radio station for a conservative (small "c") Dow 30 company, and my beloved morning disk jockey sent a stripper to wish me "Happy Birthday" one morning while I was away at a convention. The hotel wouldn't tell her what room I was in, but enterprising soul that she was, she waited until the Convention's Inaugural Breakfast, and in a room of over 2,000 industry leaders grabbed the microphone from Paul Harvey and began her act on stage. My company was a sponsor of the breakfast, and I, quite unfortunately, had a ringside seat. She was escorted off the stage before she got too far along. I was not able to crawl to the exit under the tables without being noticed, although I tried. True story. I fired the morning man. No, I made that part up.
The Fool: Given a second chance, what financial decision would you like to do over?
Goofyhoofy: Buy AOL at the beginning. Buy Dell at the beginning. Buy IBM at the beginning. Buy McDonald's at the beginning. Are you picking up the pattern yet?
The Fool: Which celebrity or public figure (past or present) do you most look like?
Goofyhoofy: The late Duane Allman. At one time in the 70's I was a jock for a big city album rock station, had a thick ponytail down to my butt, the uniform of the day. Spittin' image of Duane at the time. (Pic on the double LP.) I suspect I look better than him now. ;p
The Fool: What, in your opinion, are some of life's big mysteries?
Goofyhoofy: Why is youth wasted on the young? Why is it the more I know the less I understand? Why do we grow too soon old and too late smart? Who decided there should be men *and* women? Why do we hate? Where is the damn remote control THIS TIME?!?
The Fool: What on Wall Street today is most suited for reform?
Goofyhoofy: Nearly everything, apparently.
The Fool: What technology do you wish the world had but doesn't yet?
Goofyhoofy: Infinite bandwidth. And the utensils to use it. A little more education in some of the more remote parts of the planet wouldn't hurt. And here too, I guess.
The Fool: Make a confession.
Goofyhoofy: I, O.J. Simpson, do hereby confess.
(sign here) __________________

OK, now what?
The Fool: Tell us about Your Dumbest Investment... and the lesson you learned from it.
Goofyhoofy: I bought something called Chemway in 1957 when I was 10 on my father's advice. I knew nothing about it but spent $240 for 10 shares. It immediately went from $24 to $16 and never moved again. It took me a while to realize that making the bad investment was my fault, not theirs. I *still* don't know what they made!!
The Fool: What's the best advice you've ever received?
Goofyhoofy: You don't have to win every argument, you just have to win the important ones. Unfortunately they all seem important.
The Fool: What other financial products or services do you use?
Goofyhoofy: Just the basics. Stocks. Bond funds. Lots of mutual funds, unfortunately. I was young and stupid.
The Fool: Okay Gilligan (or Ginger), you're stuck on a deserted island. What one material possession would you hope to have with you?
Goofyhoofy: My wife. Uh, calling her a "material possesion" is likely to get me in deep doo-doo with her and a lot of other folks, but she's the first thing that came to mind, and without her, I don't want to be on your silly island.
The Fool: What's been your best investment to date and how did you discover it?
Goofyhoofy: I like DOMINATORs because they're well covered, grow respectably, and are unlikely to fall in the crapper overnight. So I like AOL, CSCO, WMT, WAG, MCD, GE, AMAT, JNJ, MSFT, and a few etcs. I don't try to "get in on a good thing" nor try to "get out at the top". I'm happy to make a bunch on solid companies which grow and grow and grow.
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