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No. of Recommendations: 6
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LAPropDoc said, in explaining this phenomenon, As I see it, there are two types of communities here on the Fool. Social and Investment. One makes you think, the other makes you money. Neither is inheritantly better than the other. That must mean that the members of the MI community have made a mint on their investments, while most investors have watched their portfolios drip red as the bottom line spiraled downward.

I, for one, would be interested in knowing what percentage gain individual members of the MI community have made on their Total % Return since they embraced that particular investment strategy. With a powerful enough incentive, even the most mathematically challenged of us can learn to appreciate and work with the requisite numbers.



Sorry posted too soon :(

Began mechanical investing 12/31/97 - Total return since then thru this evening:

S&P 500 (excluding dividends) +18.11%
My "MI" Portfolio +56.53%
My "non-MI" Portfolio +.58%
My "total" protfolio +34.15%

All percentages are total return since 12/31/97 NOT CAGR.

As you can see, I really know how to pick'em on my own...that's why I'm in MI for the majority of my funds.

Some have done better in MI - Some have done worse...Just my results.
I'm not a major contributor, or mathematician, or statistician, or any kind of ..ian - just one of the "thousands" (you give us far too much credit!) over on that other board. Anybody can do it - but it does take significant time (no free lunch here either) to understand the basics, find a strategy that works for you, and and build confidence and the commitment to actually jump in.

BB

gritton rules! :)
<return to lurk>
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