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Re: Re: Re: [sharechat] Fundamental and Technical Analysis


From: "nick" <helmett@xtra.co.nz>
Date: Mon, 19 Nov 2001 19:28:38 +1300


. If you had bought Coke when it launched at $45 in the 1920's and still owned it now you'd be a multi-millionaire. If you had invested $100,000 in Berkshire in 1964 today you would be a billionaire
Brian and Fiona Brakenbridge
       
           Trouble is you would be 100 years old. Cant take it with you,
the kids want action and they want it now. This is the throwaway age.
Long term these days is six months.
      The whole worlds speeding up, people simply are not as patient as
they used to be and have more distractions. Would Mr Buffet if he was a young man now adopt the same tactics he did then?
    Computers have lots to do with it, when all the global indices are at ones
fingertips and bargains seemingly leap from our screens with promises of easy bucks who is gonna want to wait 50 years to be rich?   Who has the discipline
to stick with one stock through thick and thin?
      Either way your gonna need luck and skill.  How many fundamental
investors get rich like Buffet?  
 
       Nick
             p.s  contrarian from way back,  only buy when fundamentals are bad
             and technical indicators are even worse.  
   
   
       

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