Subject: Re: OT: big companies
I think AOL did well for them, but not sure in the final end. They had gargantuan gains in it for a while, but they probably held too long. After all, that was their mantra, LTBH, and they had a lot of people watching. I remember Iomega, but not the details. They have certainly had losers, but they had their clear favorites in the early aughts through the financial crisis and that was a good time to be choosing from their picks. Like they say, 6 good out of 10 will do the trick.
I subscribed to their first 'real-money portfolio', MDP from '07 to'11 or so, and then SNova for a couple years. I consider Tom Engle (TMF1000) my investing mentor/hero, if you know who that is in the TMF world, and learning from him and following his advice was way more significant for me than TMF, although TMF was supplying the picks. From '08 to '10, the MDP boards were a very dynamic and interesting place, with TMF1000 an unofficial leader. Except for AMZN, all of my gains have come from the money invested at that time. I had cash in 2009 and because of the prior writings of TMF1000, I started buying. Patience is also very important, and that is in my DNA.
conifer