I heard just the opposite. In fact, "VTO" stands for Vaughn T. Okumura. This info may be dated, but when you are retired at 36 living in Hawaii, maybe you don't make the news that often...
His approach was relatively simple, whether applied to an individual stock or an index. Buy when RSI drops below ~ 30, and sell when it gets above ~ 50. Not all that elegant, but consistency over time is the key.
Vaughn Okumura
Site: www.VTOReport.com
Location: Pearl City, Hawaii
At 36, Vaughn Okumura, CPA, is retired and living in Hawaii. His story is the same as many successful individual investors: a few hard knocks at the start, "visions of losing it all" as a stock account balance was depleted and a final, miraculous recovery. Okumura says his holdings went from $35,000 to $7,000 to $2 million after taxes in a matter of ten years.
He started his site, VTO Report, in 1998 to satisfy his passion for stock investing and to teach others his technical analysis techniques. Fundamentals? "It's like driving forward by looking in the rearview mirror," he says. On the other hand, "the chart of a stock will give you clues as to how a particular company is operating long before it reports its earnings."
Okumura's most successful strategy outlined on the site is his short-term trades of the Nasdaq 100 index. Up 10% year-to-date and 184% since 1997, the portfolio uses a simple relative strength indicator to determine when the market is overbought and oversold. His site's "smooth" stocks are consistent winners over many years. "Most investors buy stocks in a downtrend thinking they've uncovered a bargain," he cautions. "But in most cases, they end up with a portfolio of clunkers."
Favorite Stocks: Harley-Davidson (nyse: HDI - news - people), Stryker (nyse: SYK - news - people) and Sysco (nyse: SYY - news - people). "All three have been in nonvolatile uptrends over the last 15 years."
