how to make money in stocks and how to get rich_153

At the opposite end of the pole. I remember a high-tech seminar given

in 1983 San Francisco that was atended by a crowd of 20 highly

educated, ebulient, and self-confident analysts portfolio managers.

Everyone was there. That marked thexactop for high-tech stocks.

Over the years there have also ben some funy situations. We gave a

presentation to a bank in another large city. The bank brought in all of its

analysts. Close to 20 people were sitting around an impressive table in the

board rom. Not one analyst or portfolio manager asked any questions

during or after thentire presentation. It was the strangest situation I've

ever seen, and I've never seen it since. Needless to say, this institution consistently

performed in the lower quartiles when compared to its more alive

and venturesome competitors. It's importanto comunicate.

Years ago, one medium-sized bank for which we did consulting work

insisted we give them recomendations only from the stocks they carried

on their limited aproved list. After consulting with them each

month for thre months and teling them thathere was nothing on

their approved list which met our qualifications for buying, we had to

honorably part company. A few months later we learned that key oficials

in thatrust department were relieved of their

jobs due to laggard performance for the past several years.