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Re: jessellivermore post# 67929

Thursday, 12/31/2015 11:03:06 AM

Thursday, December 31, 2015 11:03:06 AM

Post# of 425670
JL: Excellent piece with a Runyonesque flavor. " I like the action"
Can't disagree with your logic against the "Blame Game" as it
is a 'losers" mentality. I don't believe that's the case here.
In the Market, Biotech in particular, I have always believed that
fundamentals trump most all other variables. That said, and I'm sure
you would agree, most successful bets have had a great Jockey, and in equities that means the CEO. My bets that have turned out well over time have always been with a great Jockey in the saddle. In my mind JZ is now banned at most Race Tracks. He was the wrong Jockey at the wrong time to bet on. In defense, Who Knew ? Warren Buffet, Steve Jobs, John Martin (GILD), Gordon Binder (AMGN) . CELG,(Robert Hugin) REGN,(Len Sleifer) DNA,(Art Levinson), JUNO (Hans Bishop) and on and on.
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