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Incorporated July 1995:

Twelve Surviving Members of the XMBA


Philosophy:

   1)    Buy a stock as if you were buying a business

   2)    Invest in companies whose business you understand

   3)    Look for steady performers

   4)    Buy quality companies with a sustainable market advantage

   5)    Don't worry about fluctuation in a company's prices

   6)    Hold on for the long term

   7)    Don't give up your day job  
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Snail Mail:   1101 Timber Trail Road,

                    Baltimore, Maryland 21286-1602
E-mail:  
mail1373.gif (2300 bytes)drorison@upi.ab.umd.edu

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