From: Ramez Naam (Exchange) (ramezn@EXCHANGE.MICROSOFT.com)
Date: Mon Oct 13 1997 - 11:21:58 MDT
> From: James Rogers [SMTP:jamesr@best.com]
> I'm uncertain what you are saying here. 40% growth every year for 5
> years?
What I'm really saying is ~500% growth every 5 years, which averages out
to about 40% per year. The key here being to buy growth stocks and hold
on to them. Some years you will make nothing or even lose money. Other
years you will get 100% growth. In the span of one year the investment
can be viewed as high-risk, but over 5 years it's a low risk investment
with very high returns.
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