Friday, November 03, 2006

Looking Lean

Wow, my portfolio is looking lean thanks to the trailing stops that I had place on my top performing positions. No I'm still not convinced that this is a good strategy and it may well be a very poor strategy. I don't think that I went into my MFI purchases with enough due diligence to make a proper selling decision. Yes, I realize that actually analyzing the companies is not part of Mr. Greenblatt's recommendation.