Hello Mark,
Sure, timeframe plays a part. However, it is not the driving factor. It is my sincere belief that due diligence is akin to the fountain of youth. Search as you might, it will never be found. The game is rigged. If anyone on this board believes that Lucent would have been considered a risky investment just a few short years ago, they are only kidding themselves. Now, I certainly will grant you that there are many savvy investors on the board who may have read the tea leaves correctly, but they are few and far between.
One other thing that occasionally gets lost in our discussions. The tax penality that should be added to all copmparisions of AIM vs. buy and hold. 20% FIFO is great for us AIMers, great for Uncle Sam as well.
Regards,
Leap
