I have several requests for this book. It will take a while to finish it (tentative target date: 4/1/2013). I offer the pre-release version for $9.95 and I'll send the finished version in PDF format when it is ready at no additional charge. As of today this book is about 95% finished but not polished. I will have a limited number of readers for this version and I hope they will give me comments.
How to order.
1. Send a check of 9.95 to Tony Pow, 3 Sleeper Dr., Burlington, MA 01803.
Include your email address with title Book order for Myth. I'll send you the PDF version.
2. PayPal account.
If you do not have a PayPal account, open one at PayPal.com at no charge. The advantage is you do not have to give a credit card number to a stranger. It takes minutes and eventually most should have one.
Pay $9.95 to pow_tony@yahoo.com from your PayPal.com.
Email me with the email title: Book order for Myth.
I'll send you the PDF version by reply.
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Special add $1 to include another ebook, A Nation of No Losers.
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One reason out of 90 reasons to buy the book.
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My great short-term performance
As of 12/25/12, there are many
analysts showing their average yearly returns and/or their returns of the top
10 stocks. It would be far too complicated to do the same for a trader like me.
I have been accumulating cash and at the same time bought a lot of deeply-valued
stocks in last 90 days. Let’s check how I perform so far on these stocks.
I have an average return of 11%
while the average SPY is about 1%. Hence I beat SPY by 11 times. However,
beating SPY 10% is quite good and 11 times (1,100%) is just amazing. Do not get
too excited yet. This phenomenal return could be one time only. It could be improved
stock picking technique, plain luck, or a combination. If I can achieve similar
return consistently, I will post it in the Afterthoughts in my blog for this
book.
From my memory, my best return is
2009 in my largest taxable account (2003 could be another good one but I did
not keep good record). It is over 80% beating about 3 times SPY.
There are 20 purchases during
this period. Some stocks I bought twice and counted as two purchases.
The four losers are MSFT (-8%),
ACTV (-5%), KTCC (-1%) and IAG (-1%). The better winners are: VELT (64%), ALU
(38%), ANR (33%) and QCOR (19%). The following are in 14% to 16% range: DECK,
NC and BSX (2 purchases). I would like to include the entire spreadsheet on all
my purchases, but it will not look good on an ebook with limited width for
display. Click here
for the list.
I have excluded the stocks that I bought in last 15 days (too
early for reliable results) and the stocks that I am testing a strategy by
trading them every month. This strategy so far looks promising with good gain and
almost no effort on my part. I’ll include the result in my blog for this book
if it proves itself to be profitable. It is based on common stocks of two
subscription services.
If I can include
Cisco, the result could be even better. It has been bought three times on
7/24/12 and it has gained 31% as of 12/25/12.
In this period, I have been accumulating cash expecting a
big dip. As of 12/12, my prediction has not happened, so the market timing does
not work so far. It is my case of winning the battle but losing the war.
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