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Hey Dan

completely agree that a double or a triple in a year does wonders for a portfolio and I have a few of those in large enough blocks to help overall returns

What is even more important and I meant to emphasize it better, is the absence of huge losers and often it is the same high PE, high momentum/volatility that are the <ick I agree> spiffy pops and those that really ruin your portfolio. And so often it's hard to tell which way it's going to swing. Those that bought NFLX on the way down at $250, $200, $150 are either in the red or have some gains but no spiffy pop spiffy pop spiffy pop. Those that bought at $57 (me among them) saw better returns. But not because you can value Netflix or know from one minute to the next what's going to happen. Half of the gains were made because Icahn bot them and then they signed a deal with Disney. The other half came with earnings.It personifies the difficulty in finding high returns that will also not just as likely ruin your port. I lost NFLX on the Icahn news --calls were exercised about 6 weeks early. Icahn owes me $40K :)
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