Re: [CANSLIM] holdings

From: Fanus <fanus13@yahoo.com>
Subject: Re: [CANSLIM] holdings
Date: Fri, 19 Apr 2002 13:16:24 -0700 (PDT)
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If you don't have time to analyze stocks, you should
invest in mutual funds, or pay someone to do it.  This
list is not a stock picking one giving freebies away
for people who don't want to spend their own time
doing research. The list is to discuss and learn
CANSLIM principles.

- - Fanus

- --- Ira Post <ip108@yahoo.com> wrote:
> 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 ----- 
>   From: Katherine Malm 
>   To: canslim@lists.xmission.com 
>   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. 
> 
>   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 ----- 
>     From: Vanchee1@aol.com 
>     To: canslim@lists.xmission.com 
>     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 
> 


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