Go to Jeff Salisbury LWGate Home Page.From: "Ira Post" <ip108@yahoo.com>
Subject: Re: [CANSLIM] holdings
Date: Fri, 19 Apr 2002 13:28:34 -0400
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I see your point Katherine, but I don't agree. Most don't have time to =
analyze all the stocks they recommend. People who are interested will =
analyze those stocks themselves and people who aren't can ignore them. =
No harm done for those who aren't interested and possibly some benefite =
to people who are.
Ira
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Friday, April 19, 2002 11:43 AM
Subject: Re: [CANSLIM] holdings
Chris,
I think you're misinterpreting the message here. Nobody is keeping you =
from posting your "picks" but I think others would benefit more from =
your *analysis* of your picks than a list of stocks you've purchased. To =
some, a list of stocks you have already purchased can simply be =
*interpreted* as braggadocio, though I'm not implying in any way that it =
was your *intent.* For those who are trying to learn, the analysis of a =
winner (or loser) is a helpful addition to the list. At the same time, =
absolutely nobody on the list should feel obligated to share their own =
picks or the results of their own hard work if they do not feel =
comfortable doing so.=20
As to the notion of being a "team," as you have suggested, I think =
that's going a bit too far. There are over 300 people on the list and =
only about 25 or 30 active contributors. Most of those people have never =
met in person and don't know each other from Adam. The idea of a team =
implies common goals, trust *and* personal familiarity. While it is =
clear that those on the list share a seemingly common goal, "better =
CANSLIM investing," the interpretation of that goal is different for =
each individual. Some want to better their understanding of CANSLIM in =
general, some want to improve mining techniques, others want to improve =
fundamental or technical analysis, others want somebody to do their =
mining and analysis for them so as to circumvent the amount of effort =
CANSLIM investing normally takes. I don't see how these and other =
interpretations I haven't listed can truly be considered "common goals" =
in a team sense and it speaks nothing to the missing elements of trust =
and familiarity.
Katherine
----- Original Message -----=20
From: Vanchee1@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Friday, April 19, 2002 10:29 AM
Subject: [CANSLIM] holdings
Okay, group I will join your mentality and not share my stocks =
picks, its each person for themselves. Would I say we all don't benefit =
from this type of mentality, no, not here. Not to boost but my average =
annual return is around 70% for the last 4 years. So its more of others =
missing some winners than me.
We will all just talk about the methodology of investing, but not =
talk about the nitty gritty of picking the winners and making some good =
dollars, why would anyone want anyone want to do that.
Good luck, and hope you can yield your 5% return goal.
Chris=20
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>I see your point Katherine, but I don't =
agree. Most don't have time to analyze all the stocks they=20
recommend. People who are interested will analyze those stocks =
themselves=20
and people who aren't can ignore them. No harm done for those who =
aren't=20
interested and possibly some benefite to people who are.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Ira</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
Malm</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, April 19, 2002 =
11:43=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
holdings</DIV>
<DIV><BR></DIV>
<DIV>Chris,</DIV>
<DIV> </DIV>
<DIV>I think you're misinterpreting the message here. Nobody is =
keeping you=20
from posting your "picks" but I think others would benefit more from =
your=20
*analysis* of your picks than a list of stocks you've purchased. To =
some, a=20
list of stocks you have already purchased can simply be *interpreted* =
as=20
braggadocio, though I'm not implying in any way that it was your=20
*intent.* For those who are trying to learn, the analysis of a =
winner (or=20
loser) is a helpful addition to the list. At the same time, absolutely =
nobody=20
on the list should feel obligated to share their own picks or the =
results of=20
their own hard work if they do not feel comfortable doing so. </DIV>
<DIV> </DIV>
<DIV>As to the notion of being a "team," as you have suggested, I =
think that's=20
going a bit too far. There are over 300 people on the list and only =
about 25=20
or 30 active contributors. Most of those people have never met in =
person and=20
don't know each other from Adam. The idea of a team implies common =
goals,=20
trust *and* personal familiarity. While it is clear that those on the =
list=20
share a seemingly common goal, "better CANSLIM investing," the =
interpretation=20
of that goal is different for each individual. Some want to better =
their=20
understanding of CANSLIM in general, some want to improve mining =
techniques,=20
others want to improve fundamental or technical analysis, others want =
somebody=20
to do their mining and analysis for them so as to circumvent the =
amount of=20
effort CANSLIM investing normally takes. I don't see how these and =
other=20
interpretations I haven't listed can truly be considered "common =
goals" in a=20
team sense and it speaks nothing to the missing elements of trust and=20
familiarity.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DVanchee1@aol.com=20
href=3D"mailto:Vanchee1@aol.com">Vanchee1@aol.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, April 19, 2002 =
10:29=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] =
holdings</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 =
face=3D"Century Gothic"=20
size=3D2 FAMILY=3D"SANSSERIF">Okay, group I will join your mentality =
and not=20
share my stocks picks, its each person for themselves. Would I say =
we all=20
don't benefit from this type of mentality, no, not here. Not to =
boost but my=20
average annual return is around 70% for the last 4 years. So its =
more of=20
others missing some winners than me.<BR>We will all just talk about =
the=20
methodology of investing, but not talk about the nitty gritty of =
picking the=20
winners and making some good dollars, why would anyone want anyone =
want to=20
do that.<BR><BR>Good luck, and hope you can yield your 5% return=20
goal.<BR><BR>Chris</FONT> =
</FONT></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Next Article (by Date): Re: [CANSLIM] holdings "Katherine Malm"
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