That's the idea. these two for instance are broadly similar (switch the chart to log scale for a better indication of the deviations) but one has greater interim volatility than the other. Even relatively simple 'timing' (rotation) added around 3% to annualised rewards since 2011 with around 6 rotations (monthly reviews). Somewhat like a arbitrage play - expected longer term similar reward, trade/rotate in the interim to sell one, buy the other.
Good morning Steve, Re: "Re-education Companies...............
I remember a couple of years ago you were AIMing some stocks of companies involved in career and technical education (mostly adult education). I noted this week in Value Line's "Best Performing Stocks - Latest 13 Weeks" these companies and it brought back that memory of your AIM Education Engines:
Company Ticker 13 Week Price Change Price/Share Strayer Edu STRA +63.8% $79.00 Career Edu CECO +54.4% $10.25
That's only two companies, but the list is only 41 companies long, so about 5% of the list! Those are impressive gains since mid-September.
Are you still AIMing any of these types of companies? Do you think the current election cycle has had an impact on them?