A.I.M. Users Bulletin Board

[ls7550]

When you learned of Mr. Lichello's AIM, what was your first thought of why it might be useful to you?

Mid 20's, in the mid 1980's, returning home to London after a trip to Florida (Disney World/Tampa Bay/Miami) and it was there in a local second hand book store for a few bucks (second revised edition) mixed together on a central table loaded with a mixture of other random books. Just caught my attention - with a 7 hour flight ahead my first thought was that it would pass some of the flight time :)

Found it interesting, but back then I had little spare cash/savings - buying my first home, and around a time when mortgage interest rates were up at 12%+ type levels and I was working as much overtime as possible just to service that debt interest. Pretty much just added to the bookshelves upon getting home and stayed there collecting dust for years, with other books being added over time such as Ben Graham's Intelligent Investor. Those two pretty much became my two financial bibles as/when I did start having surplus capital for investing, AIM being the brain of the intelligence of Graham's 50/50 advice with 25/75 to 75/25 upper/lower banding.

In the mid 2000's I discovered Tom's writings/postings, up to then I hadn't come across anyone else following/discussing AIM methods. Despite the first purchased book still being in reasonable nick I did buy a brand new 4th edition via postal delivery.

Put me on the pathway to add-low/reduce-high investing, where without such I suspect I may very well have been the more typical buy-high/sell-low investor, enticed by greed, capitulating after declines to end up having achieved little different to cash deposit investors (or worse).

Clive