A Foolish Interview with TriggMtnFool
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|The Fool:||Did you ever do something as a child that you look back on now and say, 'Wow, I'm lucky even to be alive after that!'|
|TriggMtnFool:||When I was about 10 years old, there was a crowd of us that would ride our bikes around the neighborhood. It was fairly hilly terrain, and once somebody got the bright idea to go to the top of one of the hills and coast down with their feet propped on the handlebars. I was the third one to give it a try, but about half way down I hit a rock or something and the bike just disappeared out from under me - I landed on the pavement backside first. Man, that hurt. Of course, this was in the days long before anyone would be caught dead wearing a bicycle helmet so I'm lucky I landed the way I did. Needless to say, I was the last one to try "no hands" bicycle riding that day.|
|The Fool:||Does ethics or 'socially responsible investing' have a place in your investment approach? How so? How not?|
Ethics, yes - in so far as I would not engage in insider trading or other illegal activities with the hope of not being caught.
"Socially responsible investing" is, as I understand it, involves avoiding investmetns in two types of companies: First, companies that engage in undesirable practices such as farming out labor to overseas sweat shops and the like. Second, companies that traffic in "sin", industries including alcohol, tobacco, gambling, etc. I would not invest in the first type because such practices are potentially damaging to the companies bottom line through bad PR or, worse, legal troubles. On the other hand, I have no problem investing in the second type, as there is great profitability in the legal pursuit of vice.
|The Fool:||What was the most significant discovery of the last century?|
|TriggMtnFool:||The alien spacecraft in Roswell, New Mexico upon which all our technological advances of the last 50 years are based :) Aside from that, discovery of the DNA molecule and the subsequent development of techniques to map and study it will ultimately result in the greatest impact to humanity (good or bad?) in the upcoming century.|
|The Fool:||What lesson do you wish you’d learned ten years ago?|
|TriggMtnFool:||Ten years ago (1994), I bought a mountain bike with my first credit card. I believe I just finished paying off that bike. Credit cards are evil.|
|The Fool:||What was your first educational exposure to investing?|
|TriggMtnFool:||We did a unit on stocks in high school. Unfortunately, it had to compete for my attention with Women, so I wasn't all that interested in stocks at the time.|
|The Fool:||What's been your best investment to date, and how did you discover it?|
|TriggMtnFool:||On a percentage gain basis, SIRI. My father worked in the broadcast industry (not SIRI) and had some early exposure to satellite radio in the early days of XM and Sirius.|
|The Fool:||Do you have a favorite company or stock which the worldwide Foolish community should know about -- and why?|
Sorry, no revelations here.
SIRI is a stock I have held long term and also one with which I like to "play" the options market based on technical indications. In the field of satellite radio serving US markets, as of 2005 I believe the upside (based on stock price) for SIRI is much greater than XM.
|The Fool:||What celebrity or public figure do you most resemble?|
|TriggMtnFool:||When I was younger, I was compared to Tom Cruise. People don't make that comparison anymore.|
|The Fool:||List some of your favorite websites, with commentary where appropriate. (Please provide the URLs, too.)|
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