The Point of This Site

I manage my own investment portfolio, because I believe that with proper research an individual investor can easily outperform the “professionals”.  Why? Because the professionals must follow the crowd.  There were no internet mutual funds in 1990, but by the peak in 2000 it seemed like every mutual fund was investing in the internet.  Professionals can’t go out on a limb because they risk losing their clients, so the best they can ever hope for is to achieve market rate of returns.

If you want market rate of returns, buy an index fund, let it sit, and don’t worry about it. If you want to do better than that, you need to do some work.

This site is my work.  I regularly review my portfolio and make changes.

I’ve been investing for over 20 years now, and in that time I’ve learned that the best way to improve is to learn from your mistakes. That’s why I created this site.

I assume that if I write down, in blog form, why I made the decision that I did, I can look back on it later and learn from both my wins and my loses.

Comments are welcome. Please read my Investment Philosophy, and Legal Disclaimer, before you read the blog.

This site has two purposes.

First, I record my decisions so I can learn from my mistakes.

Second, I want to learn from others, which is why I started the Buy High Sell Higher Forum.  You can post your thoughts, and tell me whether you agree or disagree with my thinking.

Thanks, and happy investing.