Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 5
Whenever you read people feeling sorry for "those poor
bastards who made initial investments in Jan of this 
year,"  they're talking about me!  Yup, I AM that poor
bastard.  I pulled my IRA out of a mutual fund, 
opened an Ameritrade account, did my DD (including 
lurking here and reading "The Book"), and plunged in 
on 21 Jan!

I put my money into what I considered the companies 
driving such discontinuous innovations as the 
internet, wireless networks, B2B and biotech.  The 
majority of my money went into well established 
gorrillas, with smaller percentages in up and comers.

Here's my portfolio with "Long Term" results to date 
in order of LT % Gain:

COMPANY                            LT % Gain
SIEBEL SYSTEMS [NASDAQ: SEBL]        35.23% 
ORACLE CORP [NASDAQ: ORCL]           30.24%  
CISCO SYSTEMS [NASDAQ: CSCO]         19.56%
INTEL CORP [NASDAQ: INTC]            19.39%
NOKIA CORP ADS [NYSE: NOK]           13.23% 
SUN MICROSYSTEMS [NASDAQ: SUNW]       9.40%

JDS UNIPHASE CORP [NASDAQ: JDSU]     -7.24% 
AMGEN INC [NASDAQ: AMGN]            -20.51%
ARIBA INC [NASDAQ: ARBA]            -26.03%
QUALCOMM INC [NASDAQ: QCOM]         -27.66%
PE/CELERA GENOMICS GRP [NYSE: CRA]  -28.32%
YAHOO INC [NASDAQ: YHOO]            -32.16%
MICROSOFT CORP [NASDAQ: MSFT]       -36.53%

I think it's interesting that, with the exception of 
Nokia, the rest of my winners are all established 
gorillas.  

The gorillas below the line have they're own special 
cases -  Microsoft?  'nuff said . . . Qualcom?  My 
guess is that I bought in at the top of the momentum 
feeding frenzy . . .

Much has been written in the popular press about "Old" 
vs "New" economies.  I'm wondering, is this a "Gorilla 
Economy?  I'd be interested in seeing how other 
gorillas have done since late Jan . . .
Print the post  

Announcements

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.
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.