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February 2009



A happy story: How I timed everything terribly and wound up way ahead anyway

February 26, 2009 – Comments (2) | RELATED TICKERS: NCX

Well I sold my businesses last year in part because the markets were crashing and a classic bear-market-good investment opportunity seemed to be awaiting.  Since then I've had quite a wild ride.    [more]



The Buffet Factor. Surefire proof that its a GREAT time to buy.

February 23, 2009 – Comments (5)

I fell in love with Wall Street in 1998.  The tech bubble was heading towards full swing, stocks like QCOM, SUNW, CSCO, DELL, MSFT, JDSU, NT, LU, and 100's more would hit highs never to be seen again in the next couple of years.  So positive was the market then that it was common knowledge among laypeople that if you bought an IPO you'd double your money in a few days.  My long-time business partner and I were saving our table-waiting tips to start our first business (a glowing failure, BTW) and commonly had people tell us to put it on the market, let it double, and then start a business.  Red Herring magazine had a headline that went a little something like this:  "if you're reading this you're going to be a millionaire".  They named DELL, CSCO and every other tech-stock-of-the-day as the 10 best stocks for the next 20 years.  I don't think ANY of those stocks have gotten even close to those prices again.    [more]



A letter to the stock market. I'm going long, you can't stop me.

February 20, 2009 – Comments (19)

I've been dollar cost averaging into the market for the last few months, and last friday, the 13th, i was nearly even.  This week has been brutal on my holdings, brutal, and has left me bleeding red ink like crazy.  I stand down more than 10% overall today.  Its a greusome thing to behold, it has shaken my confidence, left me nervous and less than fully able to sleep, and all those things that I'm sure more seasoned investors know well or have gotten used to.  [more]



Bloody, bloody day. I went into the red large-scale for the first time

February 18, 2009 – Comments (2)

Well, today I joined the ranks of people who have seen their portfolios hammered by this mess.  [more]



the boom or bust portfolio, is this the greatest opportunity in todays market?

February 06, 2009 – Comments (7) | RELATED TICKERS: NCX , OSK , RCL

A few months ago I sold my businesses in some part due to the opportunity that the crashing stock market represented.  Since mid-december I've been paying attention to the markets myself and making some selections.  My tendency is to not pretend to be prescient and know what growth stock will be the next CSCO, but to play the basic odds, namely:  [more]

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