Tribute to a Stock Market Original
In the 1990s, I started studying the stock market so I could devise an investment strategy to use when investing my own money. I then realized that there was no need for me to create my own investment strategy, because a number of others, who had more experience than I would ever have, had already done so. They studied the market, tested their ideas in the real world, tweaked them when necessary and came up with strategies that proved themselves over time.
Once I realized this, I decided to take these proven strategies (these investors had described their strategies in detail in books they wrote or others had written about their strategies), automate them to use for my own account. When these adaptations of their strategies proved effective, I created, in 2003, a website, Validea.com, so others could use these strategies for themselves. These are the strategies I use to choose stocks in the column I write here each week....473 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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