Quote:
Originally Posted by b__p  The "15 minutes a week" is definitely marketing speak because it takes a while to find companies that you want to invest in and make sure they meet the criteria. Once you've done the research, then yes, your investments can be monitored in just a few minutes every day.
Because of my background as a programmer, I wrote a program to find the companies that meet the numeric criteria, but that is only half of the research that must be done using the method outlined in the book.
I've been paper-trading this system for 6 months and I'm up 17%. |
Hi All!
I'm now several chapters into the Rule #1 book, and I have to say, it really is a good book. Now that I'm getting into the meat of how to do the analysis on the numbers, you are exactly right that the "15 minutes a week" stuff is totally marketing fluff.
I guess that after you do your initial sorting, screening and buying, you could potentially spend only 15 minutes per week maintaining your current investments.
I'll keep you all posted as I get further along and actually start paper trading the strategy.
So, B_P, were you unable to find any online screeners that would give the necessary numbers, or did you just write your own program because you can??
Max