Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
If you chose a Bugatti Veyron as your vehicle as against say a Ford Mustang in a race, no matter how bad a driver you are your probability of winning race is high.
The Veyron's numbers are staggering. It can hit 60mph in 2.5 seconds
thanks to four-wheel-drive traction, shoots to 125mph in 7.3 seconds
and reaches 200mph in less than 20. The Veyron 16.4 is the most
powerful, most expensive, and fastest street-legal production car in
the world , with a proven top speed of over 400 km/h.There can be no
commercial logic behind such a crazy machine, even with the Veyron's
price tag of one million euros (at the current exchange rate, that's
$1.2 million).
The basic concept behind most of the stuff I am talking about be it IBD200 or Double trouble or Episodic Pivot or Virgins is Vehicle Selection. In a market where you have choice of 8000 plus stock vehicles, your vehicle selection determines your returns.
All the system I talk about have one central idea behind them, find stock with high probability of going up. 95% of the effort is in finding stock likely to go up a lot. The IBD 200 uses earnings and relative strength plus some other fundamentals to narrow the universe to 200 high probability vehicles. The 'Double Trouble' uses absolute price growth to identify vehicles likely to go up. All the other 22 systems basically are variations of vehicle selection theme.
If you chose a company with high probability of going up no matter what your entry criteria, your chance of success will be high. Rest all is tactics.
So what is your vehicle selection strategy?
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1 comment:
The new electric cars can beat this...it's just a matter of getting the price of batteries low enough for them to make commercial sense...
Here is one that's not as fast as the fastest...and it cost about $100K...
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