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Re: Danny Detail post# 20335

Sunday, 04/20/2003 3:03:30 PM

Sunday, April 20, 2003 3:03:30 PM

Post# of 433223
Danny, I believe you are incorrect in your assumptions.

I believe that the best way to maximize your investment is to realize that you are both an investor in, AND a quasi-owner of, the company in question.

If you focus on one to the near exclusion of the other, you will relegate yourself to mediocrity. If you think 20 or even 40% net annual gains are the maximization of your money then I suppose we won't ever see eye-to-eye on the issue, but I have been contacted by the CEOs / upper management of several companies I have invested in, and their responsiveness and reactions to certain issues in some cases took precedent over all else in my decision-making process. If I had opted not to discuss matters with these people, or give any weighting to their actions / reactions, I would not have done as well as I have.

To truly maximize your investment, you have to realize that nothing occurs in a vacuum. I realize that this is heresy to the modern-day investors line of reasoning, but then, modern day investors don't have all that great of a track-record do they?
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