SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: OldAIMGuy12/12/2021 2:52:01 PM
1 Recommendation

Recommended By
Condo

  Read Replies (1) of 18928
 
For AIM users, new and old, I enjoyed this quote. It seems that AIM
addresses much of the same thinking:

"In 1962, the business historian Alfred D. Chandler wrote that “unless
structure follows strategy, inefficiency results.”

"At most asset managers, strategy follows structure instead. As a
result, funds own too many stocks, trade too frequently and charge too
much. No wonder most active managers underperform market-tracking index
funds that charge a fraction of their fees."

“Skill is just recognizing when you’ve gotten lucky. It’s when you’ve
been fortunate enough to make an investment in a great company, and
suddenly you realize just how very lucky you were, and you buy more.
That’s skill, I suppose. That—and holding on to what you have and not
chickening out.”


AIM is a Strategy and our portfolios are our Structure. If you read
other pages here on i-Hub or other places you'll see just how much many
investors trade compared to AIM's consistent, quiet consultation. My own
experience has been to see maybe 25% portfolio turnover in a busy year
with AIM. Compare that to most mutual funds which have turnover rates of
100% or more/year. Then move to the individual investors who's trading
activity exceeds their own heart rates!

This is offered as food for thought about what it is we do as AIM users.

Best regards,
OAG Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext