ThinkingLonger

@galtashma Gal, I started this project with the idea of helping young people find a way to save and invest more successfully than purchasing an index fund. As for being skeptical, I get it. I'm a huge Buffett/Munger admirer and I've owned BRK-B for a long time. Our back-testing shows that, if you buy stocks that outperform the index over many years by substantial margins and sell those stocks when their price performance is not beating the index by a specified percentage, you come out substantially ahead of the index over extended periods of time. I'm not saying that we beat the index every year; I'm saying that, over-time on a cumulative basis, we beat the index. When we have a full operation site up, our back-testing results will be available for review. With regard to making "big money," we can tell you that there's a lot of "not invented here" in the financial services industry. Moreover, our strategy assumes (i) annual purchases and sales; (ii) no fees; and (iii) ownership in tax-advantaged accounts. As far as I can tell, our strategy is just not attractive to those organizations that want to make money from transactions. Additionally, a very large percentage of those kinds of accounts are managed by huge enterprises: Vanguard, etc. We can't compete with them. I expect that it will take us a while to establish a following. If we can, then we can think about becoming an investment advisor, launching an ETF or a robot-advisor or something else. But, for now, free makes sense. Please stay in touch with us. Best regards, Andrew

@javier_sanchez_mejorada1 Hi Javier. I'm happy to share! Our back-testing revealed the following: stocks that have spectacular price appreciation over very long periods of time (ten years) tend, as a group, to continue to outperform the index of which they are a part after that ten year period. So, using a data source, like FactSet, we identify stocks that outperform the index over that long period by substantial margins and sell those stocks when their price performance is not beating the index by a specified percentage. I'm not saying that our recommended portfolios beat the index every year or that every recommended position beats the index. Rather, I'm saying that, over-time on a cumulative basis, our recommended portfolios (as a group) beat the index. When we have a full operation site up, our back-testing results will be available for review. I hope that this was helpful. Regards, Andrew

@thinkinglonger Thank you very much! This was very useful, I look forward to trying it out.