“It’s a funny thing about life…if you refuse to accept anything but the best, you very often get it…”
-W. S. Maugham
To even get on my watch list, a company has to have so much going for it–it must have strong top line revenue growth, accelerating profit margins, trade at a discount to its growth rate–and a host of other things too (shh its a secret!).
Finding the “top ranked Magnets” and having alerts set as they blast through resistance levels, and jump out of long bases is the best way to benefit from the Magnet process. While not all ideas work, the most simple instructions are “you need to let your winners run and cut losers loose.”
There is no room for ego in investing, success requires total discipline and a great deal of preparation. And like Thomas Edison…the harder I work…the luckier I seem to be.
For more information on this topic, watch my video below.
*DISCLOSURE: No relevant position
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