No. of Recommendations: 3
One problem with published authors' strategies is that they are talking their book.
Two. Two problems is that they are talking their book AND only talk about a screen that has worked recently. AKA cherry-picking.
Three. Three problems is that they are talking their book AND only talk about a screen that has worked recently AND they have to fulfill a weekly/monthly word quota to write.
Anyway....might as well look closer at some of the strategies that Jim has mentioned. what with him not being a published author and all. A key metric that runs throughout them is ROE.
The "one-step" paper portfolio started on 3/9/24, the 2 step has gained 11.6%, the 3 step 12.6%. Vs. S&P500 at 6.7%. The one-step is 3.6%, so boo!
Really, the best screen for the last several years is to buy the top 10 holdings of S&P500 and QQQ. That won't last forever, though.
