Sunday, November 17, 2002 9:52:16 PM
sanc·ti·mo·ni·ous - Feigning piety or righteousness: “a solemn, unsmiling, sanctimonious old iceberg that looked like he was waiting for a vacancy in the Trinity” (Mark Twain).
There are those that will stick to an old pair of shoes just because they are comfortable and lasted a long time and can tell everyone how great they are because they've lasted so long, even though they look like crap. They will even tell everyone to stay with their old shoes because the new stuff won't last and is of inferior quality. "An old cobbler who really knew what he was doing made these shoes", he'd say. "You would be absolutely out of your mind if you gave up your old shoes, even if they are full of holes and your feet get cold and wet in the winter."
It's a damn good thing the Big Guy upstairs gave us all minds to think for ourselves.
Lostcowboy was kind enough to send me one of the last X_DEV spreadsheets I developed before the X_DEV program was even conceptualized. I had lost all my spreadsheets due to a reformat and hadn't been able to look back at any of them for months. Didn't really need to because I had the program, but still it's nice to have one back.
After reading some of the posts on this thread which to me came across in a sanctimonious, pontificating way, and reviewing my newly found spreadsheet I felt compelled to post. The emotions helped to remind me why I developed X_DEV as an offshoot of my efforts to tweak AIM. I can't speak for Aptus, or Don Carlson, or Conrad or countless others who have all endeavored to make the AIM experience a more profitable venture by overcoming perceived shortcomings, but for me it seemed a logical necessity. AIM BTB is an old pair of shoes that are probably best for close minded ornary folk with no desire to explore any other possibility's and are happy to plod along at a snails pace and sub par performance for decades. "Heck Martha, who wants to pay all them capital gains to those IRS fella's anyway!"
Time for a visual for old times sake. I present 2 excel spread sheet charts that have QLGC's price rendered with actual buy and sell executions. You will note that the executions are very close on both charts. The AIM example was started with 20k in stock value and 10k in cash or 30k overall for you math fans. The BTB method was used, except to boost AIM's performance some I used a 5% buy/sell safe instead of the BTB 10%. I also use min buy and sells of 30 shares on each. The X_DEV chart also used 20k as the stock value and 10k in cash. 8 buys for X_DEV and 10 buys for AIM, 8 sells for X_DEV and 6 sells for AIM later and you come out with a 122% gain for X_DEV and 21% gain for AIM.
"Heck Martha, those results were from daily updates!
You can take that extra 100% return and stick it where the sun don't shine if'n you spect me to get up before noon and check the dang stock everyday! In about 15 years we'll make up that 100% difference anyway, and no young whipper snapper is gonna tell me any different!"
~Myst~
There are those that will stick to an old pair of shoes just because they are comfortable and lasted a long time and can tell everyone how great they are because they've lasted so long, even though they look like crap. They will even tell everyone to stay with their old shoes because the new stuff won't last and is of inferior quality. "An old cobbler who really knew what he was doing made these shoes", he'd say. "You would be absolutely out of your mind if you gave up your old shoes, even if they are full of holes and your feet get cold and wet in the winter."
It's a damn good thing the Big Guy upstairs gave us all minds to think for ourselves.
Lostcowboy was kind enough to send me one of the last X_DEV spreadsheets I developed before the X_DEV program was even conceptualized. I had lost all my spreadsheets due to a reformat and hadn't been able to look back at any of them for months. Didn't really need to because I had the program, but still it's nice to have one back.
After reading some of the posts on this thread which to me came across in a sanctimonious, pontificating way, and reviewing my newly found spreadsheet I felt compelled to post. The emotions helped to remind me why I developed X_DEV as an offshoot of my efforts to tweak AIM. I can't speak for Aptus, or Don Carlson, or Conrad or countless others who have all endeavored to make the AIM experience a more profitable venture by overcoming perceived shortcomings, but for me it seemed a logical necessity. AIM BTB is an old pair of shoes that are probably best for close minded ornary folk with no desire to explore any other possibility's and are happy to plod along at a snails pace and sub par performance for decades. "Heck Martha, who wants to pay all them capital gains to those IRS fella's anyway!"
Time for a visual for old times sake. I present 2 excel spread sheet charts that have QLGC's price rendered with actual buy and sell executions. You will note that the executions are very close on both charts. The AIM example was started with 20k in stock value and 10k in cash or 30k overall for you math fans. The BTB method was used, except to boost AIM's performance some I used a 5% buy/sell safe instead of the BTB 10%. I also use min buy and sells of 30 shares on each. The X_DEV chart also used 20k as the stock value and 10k in cash. 8 buys for X_DEV and 10 buys for AIM, 8 sells for X_DEV and 6 sells for AIM later and you come out with a 122% gain for X_DEV and 21% gain for AIM.
"Heck Martha, those results were from daily updates!
You can take that extra 100% return and stick it where the sun don't shine if'n you spect me to get up before noon and check the dang stock everyday! In about 15 years we'll make up that 100% difference anyway, and no young whipper snapper is gonna tell me any different!"
~Myst~
~Mystic One~
http://stockwerld.com
(What matters)
http://www.investorshub.com/boards/board.asp?board_id=2543
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