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Re: Andy Grave post# 128161

Tuesday, 01/21/2014 5:19:46 AM

Tuesday, January 21, 2014 5:19:46 AM

Post# of 152254
I've bought into Intel in the past two years. In fact, I got in just as the divd growth stalled out. Made my fortune on oil stocks in the 1980's boom years. Got myself debt free in early 90's. Did not get sucked into the real estate boom, which has clobbered so many people. Options came into equilibrium in the 1980's as everyone started using Black-Sholes or some variant. People are fools to play that game now. Have had mixed success in tech, mainly due to the tech boom-bust in late 90's, but have roughly a 4 bagger on average in that sector since I bottom fished in early 2000's. Frankly, Intel was not attractive to me until the dividend began to grow. I'm basically a Buffet-style investor nowadays, but I think I'm doing better than Buffet. Intel is a bond in some sense, but I think it has great break-out potential and over ten years I expect a 4-bagger. You sound to me like a rather cynical know-it-all.
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