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No. of Recommendations: 3
I realize that investing at this "Early Market" stage goes against the Gorilla Game rule for an
enabling technology. So I should recognize that my probability for success is lower than true Gorilla Game investing.


I think this is a very tricky market for a beginning Gorilla gamer like myself. It seems like companies with leading positions in well established tornadoes are awarded stratospheric valuations in no time. This leads to an increasing temptation to "get in ahead of the gang" and invest in companies that hold out the promise of being in a future tornado. I know this approach is contrary to what is in the book, but we are currently seeing market valuations for which there is no historical precedent. I think this renders the book's claim that investing in established gorillas is a low-risk enterprise somewhat questionable. I'm not sure anything having to do with tech is low-risk in this market. One is faced with a hobson's choice of absolutely paying through the nose for a proven winner or taking the risk that a newcomer's technology won't pan out.

All that being said, returning to the topic of this thread, I agree wholeheartedly that the technology holds real promise and the potential market is huge. I guess one of the things that worries me now is that I fear the stocks are being held primarily by traders and momentum players which will bail out fast at the appearance of a downturn. Of course, perhaps none of that matters to the long term investor. Still long (albeit in a limited way) and hopeful, though not without some trepidation...

-DeepBlue
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