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Daily News, New York, Guerrilla Investing Column.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 09-APR-01 |
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COPYRIGHT 2001 Daily News
Byline: Peter Siris
Apr. 9--WHEN I WENT TO Harvard Business School in the late '60s, I thought I was pretty smart. I certainly knew how to pick stocks. While my elders were investing in steel, cars and other tired old-economy stocks, I was jumping on the new-economy crazes: 15-cent hamburgers at McDonald's, pancakes at IHOP, computers, drugs and other new trends that catered to the baby boomers.
Everything I touched made money. In three years, my small portfolio must have gone up 500 percent . The market was strong, but my friends and I were beating everyone we knew, especially older money managers who were mired in the old economy.
My generation had...
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