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bar1080

05/19/15 11:05 PM

#254 RE: Fletch #252

Yes, it might be fun to come up with one's own charting rules, and perhaps a good programing exercise for a techie. But we know that the world's greatest investor, Buffett, holds most of his investments for years, and that's pretty much what I do... selling primarily to take a rare tax loss. I make no effort to out-think the market... because no one can do that.

We know that SWKS is hardly a typical stock. It's one of the great growth stories of the past decade. So it wouldn't make much sense to develop a chart strategy based on Skyworks. Such stocks are very rare. You can be a superb investor just growing your portfolio 10%-15% per year, which works out to a fortune over a lifetime.

Most IHUBbers are trying way to hard to beat the market... and that dooms them to underperform it.