I'm more of a Sim City, Civilization guy rather th...

2008-05-18T14:18:00.000-04:00

I'm more of a Sim City, Civilization guy rather than Doom/Grand Theft Auto - but the latter group seems to dominate the market.

As for your comment about mad gains from buying in August, Nov, Jan, and March (a) you need to have cash sitting to take advantage of those opportunities and (b) the things you held through those downfalls, even after the swing back up, you are generally just trying to get back to even - especially in the wrong sectors. Many retail, financial stocks are still 30-50% below where they were "then". So picking the right areas and companies still matters, and if you don't have cash on the sideline you still wouldn't benefit that much. That is why I said in the fall it appears buy and dead is on its death bed. Its turned into a trading arena.

In a twisted way, the lack of regulation, no downt...

2008-05-17T11:32:00.000-04:00

In a twisted way, the lack of regulation, no downtick, sheer size of hedge funds today, the video game generation of traders; (in which I am a part of - but i always preferred strategy games;p) I believe opens a lot more opportunity for investing in themes, as they create wild valuation changes periodically. I have to say, that while I'm not making any money now, in the environment of the past couple weeks just sitting in cash, those brief moments in aug, nov, jan, march have allowed for gains that just seemed absolutely stupid. And looking back at the performance of your fund, it's those same moments when you broke from the pack. It just is a rinse and repeat. (weird how that's almost every 2 months, huh?) So yes, while the rest of the world America is going up in smoke, at least your readers and future investors won't be apart of that bottom 90%. Cheers.

Comments on Fund My Mutual Fund: Friday Readings

I'm more of a Sim City, Civilization guy rather th...

In a twisted way, the lack of regulation, no downt...