Replies to post #1398 on Advanced Automatic Investor

[OldAIMGuy]

Hi N,

Some of us are still here. Like many hobbies, some fade in importance or priority after a while.

In my case, my "hobby" of investing I wanted to treat as a business. Therefore the business plan of Lichello's AIM became the basic structure and strategy of it. Once treated as a business, investing becomes less emotional and more consistent. The AIM engine is excellent for that low emotion and highly consistent goal.

Just as Day Traders tire of having to wear a catheter and not having a life other than staring at a monitor, some AIM users lose their enthusiasm. The ideas shared here and elsewhere about the AIM engine carried it from the "Senior Thesis" level to the "Post Doctorate" level. I'm sure there are other things that can be done/added/improved, but the incremental gains may be smaller than what has already occurred.

The AIM engine still doesn't address things like fundamental and technical analysis, portfolio design and structure, "core and satellite" ideas and market risk monitoring. Those things can and should be used in concert with the AIM business plan. Mark has complemented the AIM concept with several other products that reach into and help these other areas.

Best regards,

[aptus]

Hello Nagpada,

In a way you are in a very good spot. Lichello first came up with AIM back in the 1970s and Tom Veale and some others jumped on the idea and quickly improved on it.

Then there were lots of others who had ideas (some good and some not so good). Over the years, however, the good ideas are still being used and the bad ones fell by the wayside.

I think most of the ideas that are good have already been brought forth and discussed on the main AIM board and on the old Silicon Investor board (I'm sure there are others that could be discussed, but the ones that have the biggest impact are already out there).

This is normal for just about everything. In the early going there's lots of activity and development and then, as the strategy matures, it settles into a stable state.

So you are in a position to take advantage of a very robust system that is being used extensively in the real world and has been tested by quite a few smart people.

Where investing systems are concerned, I think it is better to use one that is mature, open and has been publicly scrutinized and tested rather than one that is in a state of constant modification.

Lichello gave us a pretty good system and others have made it better, but now I think AIM has reached a point of stability that really doesn't need additional tinkering.

Regards,
Mark.