[jimbob4334]

I have been studying investing for about 8 years now and after trying a few things that made me money and a few that lost me money I came to realize that the best way was to have a combination of value investing along with some technical analysis. I was spending most of my time as of late studying technical investing and found a good set of tools that seemed to work pretty well. But I did not know how to measure the value of a company so I was missing that part of the equation. Then I read something about Phil's book and realized he had what I was missing.

I believe by mixing the two you increase your chance of success dramatically. I also have come to realize I am my own greatest enemy. I can tell someone else when to buy and sell, but when it is my own money it is a whole different game.

I have been following Phil's rules about 6 months and have made over 20%, I have lost over half of that by not following the rule and investing on speculation.

In terms of Phil making all that money. I believe you could have done it a few years ago when the market was taking off. I was in the market at that time and thought I was a genius. It was difficult to lose money. But the minute the market started to turn, I was losing it real fast because I could not tell when to sell. I think we will see those times again, but I believe due to the large number of people retiring after 2008, we will not see that for a while. Then again there have been some new laws enacted that may help to keep this run going.

Justin, thanks for keeping this board going. It is a great tool that helps me stay grounded and make less mistakes.

Jim