The Motley Fool Discussion Boards  Previous Page
Investing/Strategies / Retirement Investing   Subject:  Re:
Doubling Up? Date:  4/14/1998  9:59 PM Author:  SnootFool
Number:  2831 of 74001  The Motley Fool Investment Guide does
recommend buying the Foolish Four in the following order:
2,2,3,4,5, thus doubling up on #2. This stock, referred to as
the PPP (penultimate profit potential, or something close to it)
by Mike O'Higgins, who invented (more or less) the Beat The Dow
strategy, supposedly does extremely well, historically speaking.
However, when you split your nest egg as indicated you end up
with 40% of your $ in one stock, which TMF Sheard thinks is not
Foolish. (He cites Intl Paper as a PPP which turned to be a dog
rather than a Dog, if you get my meaning.) So, the current
Foolish Four does NOT involve doubling up. BTW, in another
change from the book, the number 1 stock (the UPP- ultimate
etc,etc) is no longer discarded as a matter of course. The UPP
(the cheapest BTD 10) is only kicked out if it AL