UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: SnootFool Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79706  
Subject: Re: Doubling Up? Date: 4/14/1998 9:59 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The Motley Fool Investment Guide does recommend buying the Foolish Four in the following order: 2,2,3,4,5, thus doubling up on #2. This stock, referred to as the PPP (penultimate profit potential, or something close to it) by Mike O'Higgins, who invented (more or less) the Beat The Dow strategy, supposedly does extremely well, historically speaking. However, when you split your nest egg as indicated you end up with 40% of your $ in one stock, which TMF Sheard thinks is not Foolish. (He cites Intl Paper as a PPP which turned to be a dog rather than a Dog, if you get my meaning.) So, the current Foolish Four does NOT involve doubling up.
BTW, in another change from the book, the number 1 stock (the UPP- ultimate etc,etc) is no longer discarded as a matter of course. The UPP (the cheapest BTD 10) is only kicked out if it ALSO is the highest dividend yielder. Check out the Foolish Four (formerly Daily Dow) page earlier this year for the changes.
Hope this helps

Chris S.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

Looking at Oil and Gas
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.