zflk blitzkrieg paradigm

Speaking of IBM, for years it was thought of
as the bluest of the blue chips. In January of 1987 you could
have bought it for around $87.00 a share. Six and a half years
later, in June of 1993, it was down to under $20.00. That must
have been a gut-wrenching feeling for all those long term,
blue chip only investors, dontcha think?

Today, you can buy IBM for about $104.00 per
share. So, I guess it's a "safe" blue chip again,
right? Heck, IBM's heavy into technology and... since
technology changes so slowly these days... how could it
now drop to $20.00 like it did five years ago... or... even
fall to $43.00 like where it was just 36 months ago? It's a
joke. The stock market is a roller coaster no matter how solid
a company may seem today. Not only that, even if you had
bought IBM five years ago at $20.00 and sold it today for
$100.00, it would still be chump change as far as profits
go... compared to... what I am going to teach you in this
issue.

BUT, KNOW THIS: Things are not just
changing fast now, they are changing almost at the speed of
light. Making ANY long term investment in the stock market is
truly a "sucker's play."

Who could have predicted Russia would now be a
capitalist country? Would, 10 years ago, you have ever
believed network television would broadcast a steady barrage of jokes about
the shape of the penis of the President
of the United States of America? Who could've possibly
believed O.J. Simpson would be found "not guilty."
(I still can't wrap my mind around that one!) Who could
have believed a young woman who accompanied me to the Cannes
Film Festival... and stunned... even the "we've seen
everything" Paparazzi... when she walked into the ocean
until her T-shirt was soaked and then took it off with a
flourish, turned around and walked calmly back to the beach... would now... be married to a stuttering, insecure Episcopalian
priest? Who could
have predicted the company I started with a 1-page letter in
1968 would have been sold last month for 90,000,000 dollars? Who could have forecast... that... so many people you were certain
were deeply in love five years ago would now be divorced? How fast did that last "cutting-edge" computer you
purchased remain "cutting edge"? (Truth be told, it
was out-of-date before it was out-of-the-box!) Who would have
guessed... that... whether it was legal or not for the
President of the United States to lie under oath and obstruct
justice... would depend... on how the economy is doing? How
many companies considered "blue chip" now were
virtually non-existent 20 years ago? Ten years ago? Five years
ago?

How many companies considered "blue chip" 20
years ago are totally unknown today?

Some people have invested for the long term
and have profited from that endeavor. Perhaps a "buy and
hold" mentality was viable 20 years ago. But now, as they
say, "change is the
only constant." In fact, today it is not just change
that is constant, it is...