Steal From the Masters
Everyone pays attention to the 13HF filings of the current top performers and media darlings. I do as well, but I pay even closer attention to the buying and selling activities of those who have churned out superior returns for decades. One or two great years could be a lucky coin flip; long-term success indicates the ability to consistently find safe and cheap stocks.
When I first started tracking these filings, only a handful of like-minded souls were doing so. The process was cumbersome: You had to order the reports from the SEC and then painstakingly compare them, line by line, to discern buying and selling activity. Today you can read them in real time, and the activities of money managers and hedgies is available all over the Internet almost instantly....543 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.
Already a Subscriber? Please login.