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Author: dpsligar One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5987  
Subject: Re: suggest possible improvement to BI Date: 7/11/2001 3:15 PM
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mb0329 wrote in #2534:

"The following is a suggestion based on logic. I do not have any way
to test its validity..but would appreciate any well thought out comments on the following:
..."


While I am sure that you have valid reasons for wanting to do this, I would caution you and others who may read this thread: It ain't BI.

Benchmark Investing is only those stock selection and buy-price points techniques that were identified in Ken Lee's book "Trouncing The Dow." Anything outside of that is not BI, it's something else. Maybe it's better, and maybe it's worse, but one thing's for sure: it's different. Without the substantial backtesting that Ken did for the book, we have no way of knowing whether the derivatives proposed will outperform.

For that matter, we have no way of knowing whether the outperformance claimed for BI will continue on into the future. Investor, know thyself.

BTW, I mean no disrespect for any ideas put forth on this board that seek to advance individual investors knowledge. Let's just make sure that we understand what BI is and is not, and not implicitly claim benefits that may not be there in reality.

Paul
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