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Post# of 123875
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Re: MechanicalMethod post# 3657

Monday, 05/06/2002 4:54:11 PM

Monday, May 06, 2002 4:54:11 PM

Post# of 123875
Some see them as flukes. I see them as good stock picking.

I buy about one stock a month, on average. So out of the universe of about 9,000 stocks traded on the major exchanges, my goal is to find 12 each year that will increase their stock prices by at least 15% over the next five years. If I can find them, I achieve my goal. I want to do at least that well no matter what the maket does. If you call my stocks that go up when the market goes down flukes, that's fine with me. I'm happy.

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Many shall be restored that are now fallen, and many shall fall that are now in honor. Horace

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Price is a crazy and incalculable thing, while Value is an intrinsic and indestructible thing. G.K. Chesterton

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