Hi lonema--
I've got a little different perspective on AV's newsletter. I've read it almost every day for the last year-he does have a great writing style, doesn't he.
This past year, it has been easy for almost anyone to be a genius in the market. I'm happy I was able to participate. The insight Andrew has in his field, and his analytical ability have made me a much smarter investor than I was a year ago, and my portfolio proves it-it had dramatically beaten any market averages or mutual funds that I have read about. Is he perfect--no, but he has a higher hit ratio than almost anyone else I've seen. I have made the cost of the subscription many times over by following his recommendations (ESFT at 5 last month for example).
His newsletter is only one source. Before I invest MY money, I do my own due diligence. My best wins have been where his recommendations and my independent findings have lined up-I haven't lost on that type of situation all year.
I would recommend that you look at each one of your investing mistakes and try to figure out what went wrong. If you made 25 buys on Andrew's tips and lost on 24 of them, it sounds like you must have hit every single loser. He had a lot of great picks during the year, and I think the only way you could lose on so many would be by chasing them after the price had already risen, or holding after they peaked.
By the way, I don't think he has ever tried to time the market. He is, however, very good at timing individual stocks.
There are lots of successful investing strategies. You may find something like the Gorilla Game (excellent thread here on SI) more to your liking.
Good luck investing in the 00's.
John |
