A.I.M. Users Bulletin Board

[The Grabber]

Hi Conrad!

I thought AIM was simple

AIM is simple. Lichello says, 'Every so often, with pencil and paper:

- Compare Stock Value (SV) to Portfolio Control (PC).
- Subtract the smaller from the larger.
- Take 10% of SV away from that difference, and
- Buy or Sell the remaining amount depending on which was bigger, and if the $ amount is 'reasonable'[5%].'

That's pretty straightforward to me!

The complications came in when we (in our infinite 'Guy Wisdom') set out to 'improve it'.

IMHO, there are 2 reasons that it has gotten more complicated than that:
- Automation; replacing the pencil and paper with computers
- Limit orders, Good til Cancelled (GTC) replacing Lichello's 'Checkup Dates'.

Everything else falls into the 'Tweak' category. And I am as 'guilty' as anyone in that regard. I am a 'Guy' after all!

Luv-ya Man! Steve