Just curious...my father-in-law sent me the book. I have been looking at stocks for a while..and reading about different theories...but just wondered if anybody has been using this theory with results to share?
Although I don't follow Phil's system (I am a trend follower), I was so inspired by Warren Buffett's two rules for investing (Rule #1: Don't Lose Money, Rule #2 Don't forget rule #1) that I made those rules the cornerstone of my trading; and was inspired to write my own book "DON'T LOSE MONEY! (in the Stock Markets)". What I'm saying is that, regardless of your strategy for making money -- by value investing, trend following, or whatever -- it is vitally important to avoid losing money. If your investments fall by 50%, you need a subsequent 100% rise simply to break even.