soros doubles down on tech (y! article)

Discussion in 'Wall St. News' started by dividend, Nov 16, 2005.

  1. http://biz.yahoo.com/fool/051116/113216145109.html

    "Soros' hedge-fund investing style is getting popular, but [it's] not necessarily appropriate for any individual investor," said Jack Li, a finance professor at Northeastern University's College of Business Administration. "But a bet is a bet. Nobody guarantees a bull market. Investing in tech stocks is only timing."

    This doesn't mean you should avoid tech stocks, either. Actually, a grouping of old-tech issues does look cheap, and they all have strong market positions. Of course, while billionaires can bet the ranch, individual investors can't, or at least really shouldn't. The old-fashioned principles of diversification and asset allocation are still smart moves for individual investors. Keep that in mind as you build and maintain your portfolio.




    in '02 and '03 nearly all the large player s were buying yet all the talking heads were recommending was diversification and risk... of course, looking back there was no risk (thank u greenie :) -eqttdr) and the market went straight up.
     
  2. Dividend;
    4th quarter tends to be the best for tek;
    interesting he passed on GOOG.:cool:
     
  3. All these old fart should jsut retire for good...

    Look at these old farts recent bets like Warren losing $900+ mil on currency.

    KK loading up on GM

    Now Soro double up on tech...
     
  4. Did anyone tell them about QQQQ??:D :D :D
     
  5. razorack

    razorack

    All these old fart should jsut retire for good...

    I remember a similar comment made about Buffet during the tech bubble. The commentator was right , right , right for about 12 months and then he was WRONG big time.
     
  6. WinDiff

    WinDiff

    What is the difference between double up and double down?



     
  7. QQQQ is too boring for him.
     
  8. I TOLD YA KLANS THAT DEMOCRATS ARE INTELLIGENT AND VERY SMART INVESTORS/TRADERS.