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Re: john_new post# 2359

Friday, 12/22/2006 1:14:51 AM

Friday, December 22, 2006 1:14:51 AM

Post# of 13422
Thanks John for letting me invest your kid's money.

Your explanation on how you deal/invest with high risk stocks makes sense and I don't see a problem when one do it once in a while or only a small fraction of a portfolio.

how do you decide when a company has no revenue at all.. and more of a story stock.. do you trust management that revenue will eventually come in?

you mentioned that your lifestyle will drive me nuts as you are no warren buffett. what do you exactly mean by that?
do you live way below your means, or way above your means.

I know Buffett is rich but I also know that he is a thrifty guy.. he doesn't spend much (except for philanthrophy)

Stan
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