Skip to main content
No. of Recommendations: 12
Um, a three month strategy is meaningless. That he brags about a one-month return of 9.42% kinda indicates to me that he is a rank newbie. Anybody who has been investing for a long time knows that short-term volatility happens all the time and is meaningless. OTOH, his profile says that he's been investing for 40 years, so who knows?

Frankly, when looking at his post, it looks like just another person touting an arbitrary list of stocks. Just like a million other people who have posted lists of their favorite stocks on the internet. Why is he any different than any of the others, and why should anybody pay more attention to his picks than anybody else's picks?

Chances are that if you look at his blog 6 years from now, the last post will be 5 1/2 years old. I see these all the time -- somebody starts out all enthusiastic and then reality smacks them in the face and they abandon their strategy after a few months.

FWIW, the S&P500 gained 8.25% in the same period where he gained 9.42%. So his performance isn't extraordinary.

Ahhhh. I see that he is juicing his returns by selling covered calls. The siren call of soon-to-be-schooled patsy. A program of picking up pennies in front of a steamroller always looks like a success, right up until the point that the steamroller arrives.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.