Paul here is another VLNC joke to laugh at. These fools asked Zeev if he ever talked to management of the companies he invested in...Geez why would Zeev do that.....He said "it clouds my rational deliberations."
To:John Curtis who wrote (12827) From: Zeev Hed Tuesday, Jul 6, 1999 3:48 PM View Replies (5) / Respond to of 25819
John, thank you for the enlightening lesson in investing. It would fit my style if I was a fund manager, but two visits per year to each company I am invested in and talking to management (and I can see MRK's management finding time to talk with me, of course), with the 25 stocks I am typically invested in, would require I spend all my time managing these funds. I got to find a short cut, that is why I look at the SEC documents and the technical behavior of the stock. Apart of that, "having been" management myself, the last thing I would want to say to an investor is "all the truth and absolutely all the truth", I would not lie, of course, but I would "giggle" (or was it "snickering? <VBG>) if need be. Thus, being on the other side, I rarely talk to management, it clouds my rational deliberations.
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