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No. of Recommendations: 3
mishedlo wrote:

Let's take a look.
Buy RMBS on Jan 1
Buy CREE on Jan 1
Buy LHSP on Jan 1
Buy ELON on Jan 1
Buy GMST on Jan 1
Buy QCOM on Jan 1
Buy INTC on Jan 1
Buy CSCO on Jan 1
Buy JDSU on Jan 1
Buy NTAP on Jan 1

Hold througout
Who did better???

Check back in a year and even though I do not believe in ELON I strongly bet on the first group.

I respect the bible BUT too much is too much! The nature of the game has changed IMHO.

Best of luck buying shares of any company on January 1. <ggg>

Whether we use the time frame of seeing which stocks did better YTD or as you suggest 'check back in a year' - they both qualify as short term time frames for gorilla gaming. I would rather check back in many years to draw any concrete affirmative conclusions. It takes time to accumulate wealth and any attempt to try and condense that process takes on the kind of risk that moves one out of investing and into gambling.

I happen to like the prospects for both groups of companies you listed above over the next several years. Could you explain how you view the nature of the game has changed in your opinion?


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