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Thursday, 07/16/2015 2:29:39 PM

Thursday, July 16, 2015 2:29:39 PM

Post# of 4450
Beginning investors don't realize that cutting edge tech stocks are almost always sucker bets. Almost none pay off long-term, and the many that fail often go all the way down to zero. You don't see Buffett buying stocks like DDD.

I own one high tech stock out of about 14 holdings and it's well established, a spinoff from a major aircraft maker. My favorite long time winners are sleepy div payers that are almost zero tech, like Walgreens or Cintas.

Frankly DDD and its brethren look pretty scammy to me. DDD has the about the worst chart I've ever seen among NYSE stocks since Enron.


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