Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Jim, you belong to the 10% of the population that get rich on account of the other 90% (so do I, but c'est la vie...). In 2000 I suggested some 10 or so core issues to the thread on SI, you'll see that most of them did very well (few were excoriated in time from the group, like TYCO, and more recently AGM and COO). They did quite well despite the bear market and people that decided to go into these issues then would have. COO from $12 to $70, IGT from $5 to $35 (after being taken off around $40 for reentry in the near future around $25), AGM yielded only a double before it was demoted (from $15 to $30, though it did get to $45 in between). POOL from under $5 to above $30, PII from $15 to $65, TBL from under $30 to close to $70, and MO from $25 to $50 (where it was demoted). I think that a diversified core portofolio is better than selecting a single bet. But how do persuade 90% of the population to chose the right combination? I don't know ahead of time which will succeed which will not (SKX was one example that started well, and then faltered and was stopped out till the reentry near $6, but it is no longer showing performance consistency, so it can no longer be considered for the core).